The subjects comprise a ground floor mid terraced retail unit within a three storey and attic building. The property benefits from a large dual display window with central entrance door.
Internally the unit benefits from an open plan retail area with rear storage and w.c.
Location
Perth is a city in central Scotland, located on the banks of the River Tay. It is the administrative centre of Perth and Kinross council area and the historic county of Perthshire. According to the preliminary 2011 census results Perth, including its immediate suburbs, has a population in the region of 50,000.
The strength of Perth's economy lies in its diversity, with a balance of large companies, the public sector, a broad range of small and medium sized enterprises and many self-employed business people. The development in renewable energy, insurance, manufacturing, leisure, health and transport is stimulating employment.
The pedestrianised portion of the High Street, which runs from the junction of St John Street to Scott Street, is the main focus of the shopping area. The centre has a variety of major and independent retailers.
The subjects are located on the northern side of the High Street between its junctions with Scott Street and South Methven Street.
The property is on a prime city centre location with high levels of passing trade and ample parking.
Accommodation
From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate net internal area (NIA):
48.42m²/521ft²
Terms
Proposal - Lease from £12,000 per annum for a new FRI lease.
Planning - All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Perth & Kinross Council Planning Department.
Rating - Rateable value £9,900.
EPC - F.
Closing Date - A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.
VAT - All prices, premiums and rents quoted are exclusive of VAT.
Specification
- LEASE FROM £12,000 PER ANNUM
- 521 FT²
- ON STREET PARKING
- 100% RATES RELIEF (SUBJECT TO QUALIFICATION)
- CITY CENTRE LOCATION
- PROMINENT FRONTAGE
- HIGH LEVELS OF PASSING TRADE