Prime Retail Unit To Let/may Sell – Perth

Lease from £6,500 per annum

Full Description

Address

7 York Place, Perth, PH2 8EP

DESCRIPTION

The subjects comprise a ground floor end terraced retail unit contained within a 4 storey building of traditional stone construction surmounted by a pitched and slated roof.
Internally, the property provides the following:
Ground Floor: Front retail shop, back shop and w.c.
Mezzanine Floor: Provides two storage rooms

PROPOSAL

Lease from £6,500 per annum for a new FRI lease.
Offers over £50,000 are invited for the Heritable interest.

FLOOR AREAS

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):
Ground Floor: 40.3m2/434ft2
Mezzanine: 14m2/151ft2

PLANNING

All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Perth & Kinross Council Planning Department.

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/lease the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale/lease of the property.

RATING

Rateable value £4,150.

EPC

G.

VAT

N/A.

Key Features

  • LEASE FROM £6,500 PER ANNUM
  • GOOD LEVELS OF NEARBY PARKING
  • 100% RATES RELIEF (SUBJECT TO QUALIFICATION)
  • PROMINENT GLASS FRONTAGE
  • SUITABLE FOR CLASS 1 AND 2 USES
  • INCENTIVES AVAILABLE

Location Information

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.
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 northern side of York Place between its junctions with New Row and Caledonian Road.