The available premises comprise an entire townhouse building formed over ground and three upper floors. Subject to obtaining appropriate consents the property could well offer an opportunity to ‘live above the shop’.
The ground floor kiosk is open plan in layout with a fire exit/service door leading out to the vennel at the side. A substantial stair connects all the upper parts that are generally cellular in layout with toilet and kitchen facilities provided. A gas fired boiler provides a partial central heating system.
Location
Perth city is the administrative centre for Perth & Kinross council area and has a resident population of c.48,000.
High Street is the pedestrianised principal retail destination in the city and is home to a wide range of national and independent retailers.
The premises sit on the south side of the street, between HSBC and Superdrug and directly opposite Marks & Spencer.
Accommodation
Measured in accordance with the RICS Code of Measuring Practice (6th Edition), we estimate the property to extend to the following approximate floor areas:
Ground Floor: 25.73 sq m (277 sq ft)
First Floor: 25.15 sq m (271 sq ft)
Second Floor: 25.00 sq m (269 sq ft)
Third Floor: 29.38 sq m (316 sq ft)
Net Internal Area: 105.26 sq m (1,133 sq ft)
Terms
Terms - Our clients are offering the premises on the basis of a new full repairing and insuring lease of negotiable duration at an initial rental of £18,500 per annum.
Legal Expenses - Each party will meet their own legal expenses incurred in connection with the transaction, with the incoming occupier meeting the costs of any Land and Buildings Transaction Tax and Registration Dues that may be Payable.
VAT - We understand the premises have been elected for VAT purposes and VAT will therefore be charged on the rent and other outgoings.
Entry - Vacant possession of the premises is anticipated from September 2021.