LOCATION
Perth is one of Scotland’s most affluent cities and is the administrative
centre for Perth & Kinross Council. It is strategically positioned at the
heart of Scotland at the hub of the country’s transport network.
The city is located about 43 miles north of Edinburgh, 24 miles west of
Dundee and 63 miles north east of Glasgow at the meeting point of the M9,
M85 (A85) and A9 roads.
The city has a resident population of 50,000 and is rapidly growing. Perth’s
potential retail catchment population is 1.98 million, with 338,000 living
within a 30 minute drive time. The total core catchment expenditure is
estimated at £631 million annually.
Perth College UHI constitutes the largest single campus of the University
of Highlands & Islands, which offers qualifications all the way up to
Masters level.
Perth is a popular tourist destination and tourism accounts for around
12% of total employment in the area. In 2014 the area received
approximately 1.9 million visits.
DESCRIPTION
The property is a self contained ground floor retail unit with basement
storage located on the main thoroughfare. Nearby occupiers include
Beales, Lakeland and Edinburgh Woolen Mill.
ACCOMMODATION
We have measured the subject premises and have calculated the following
approximate main dimensions and floor areas:
Ground Floor 153.32 sqm 1650 sqft
Basement 98.42 sq m 1059 sqft
PLANNING
The existing property has operated a Class 1 shops
EPC RATING
A copy of the EPC is available on request.
LEASE TERMS
The unit is available on the basis of a new full repairing and
insuring lease.
RENT
£32,500 per annum.
RATING ASSESSMENT
The property has a Rateable Value of £28,400.
VAT
All terms are quoted net of VAT where applicable.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in a
transaction. The ingoing tenant will be responsible for any transactional
property tax incurred and registration dues applicable.
ENTRY
By agreement.
Deposit amount : £3,124.99
