The subjects comprise a retail unit with modern frontage over ground and basement floors forming part of an imposing four storey stone built property.
Location
Perth is Scotland's newest designated city and the principal administrative centre for the Perth & Kinross area. Perth has a resident population in the region of 43,500 persons with a catchment estimated to be in excess of 126,000 people. (Source: Perth and Kinross Council).
The subjects are located on Kinnoull Street, near to the junctions with High Street and Scott Street in Perth City Centre.
Surrounding buildings comprise a mix of mainly retail and leisure uses at ground floor with office and residential uses on the upper floors.
National operators in the surrounding area include Specsavers, Sainsburys Local, Costa, Gap, EE, Starbucks, Subway, Trespass and USC.
Accommodation
The retail unit extends to a net internal area of approximately 106.62 sq m (1,147 sq ft) or thereby comprising;
Ground Floor - Main Retail area with single W.C. - 65.17 sq m (701 sq ft)
Basement - Storage - 41.45 sq m (446 sq ft)
The foregoing areas have been calculated on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (Sixth Edition).
Terms
Services
The property benefits from mains electricity and water. Drainage is to the main public sewer.
Rental
Our clients are seeking offers over £21,000 per annum for a new lease on Full Repairing an Insuring basis for a negotiable term of years.
Terms
Rental incentives may be available to the ingoing tenant subject to lease terms and covenant strength.
All interested parties are asked to direct any questions regards to planning consent for their proposed use to the local planning department at Perth and Kinross Council (01738 475300).
Rates
The subjects are currently entered into the valuation roll at £17,300.
The rates multiplier for the current tax year 2015/2016 is XXX.
The subjects may qualify for up to 25% rates relief via the small business bonus scheme. Please call for details.
EPC
Awaiting confirmation.
Specification
- Prominent City Centre location near corner of High Street
- Suitable for retail or possible alternative Class 2 or Café/Hot Food Takeaway use (subject to local authority consent)
- Offers over £21,000 per annum
- Nearby occupiers include; Specsavers, Sainsburys Local, Costa, Gap, EE, Starbucks, Subway, Trespass and USC along with many more local and national retailers and leisure operators on High Street and the surrounding area.
- Nearby 550 space multi-storey car park, Council HQ offices, Perth Theatre, Perth Concert Hall and new 88 bedroom Premier Inn Hotel.