• LEASE FROM £14,500 PER ANNUM
• 2,504 SQ FT OVER GROUND FLOOR
• CLOSE PROXIMITY TO CITY CENTRE
• GOOD LEVEL OF NEARBY PARKING
• PRIVATE GARAGE / STORE
• 100% RATES RELIEF
• READY FOR IMMEDIATE OCCUPATION
• SUITABLE FOR ALTERNATIVE USES
• RECENTLY REFURBISHED
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.
Perth’s city centre is situated to the west of the banks of the River Tay. 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.
From a local context the property is situated on the eastern side of Princes Street opposite its junction with Victoria Street. The surrounding area forms a busy retail pitch with parking available directly outside the property.
The subjects comprise a ground floor mid terraced retail unit/workspace contained partly within a two storey building of stone construction surmounted by a pitched and slated roof with ornate high parapet front elevation with the remainder being a single storey brick building. Pedestrian access to the property is provided though a glazed entrance door centered within a dual glazed frontage. The subjects benefit from a sizeable private garage/store which provides vehicle parking and a loading/storage area.
Internally, the subjects provide large open plan café/play areas, two kitchen areas, disabled w.c. facilities and party/function room.
The property has formerly been utilised as a children’s play café and is ready for immediate occupation however is also suitable for alternative uses such as gym, studio and retail (subject to change of use).
The business traded very well and was only closed due to family ill health of the tenant.
From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (6th edition) to extend to the following approximate gross internal area (GIA):
Rent from £14,500 per annum.
The property is below the threshold for small business rates relief and as such qualifying occupants may benefit from 100% rates relief. Please contact local rating office for further information.
All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Perth Council Planning Department.
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.
All prices, premiums and rents quoted are exclusive of VAT.
PUBLICATION DATE 03/07/2019
|Price:||£14,500 per annum|
|Address:||50 Princes Street|
|Property Type:||Children's Play Cafe/Retail Unit/Gym|