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55 South Street, Perth, PH1 5JL
£130 Per Week
To Let

LOCATION

Perth, situated by the River Tay, is one of Scotland’s fastest growing cities with a population of around 50,000 people.  It enjoys a strategic location in central Scotland approximately 40 miles north of Edinburgh and is easily accessed by the M9 and A90.

The property is located on the north side of South Street at the corner of Flesher’s Vennel and opposite the junction with Princes Street.  It is situated in a mixed residential/commercial location within the centre of Perth.

Nearby occupiers include Lana’s Café, Trading Places and The Salvation Army.

DESCRIPTION

The subjects comprise a retail unit arranged over ground floor and forming part of a 3-storey tenement building.

It benefits from a large window frontage with a recessed entrance door and timber overhang.  This former hair salon is brightly decorated and provides a bright open place front shop with a small kitchen and WC to the rear.

The flooring is laminate throughout with a plasterboard ceiling and fluorescent lighting.

ACCOMMODATION

According to our recent measurement survey we calculate the approximate net internal area to be:

27.95 sq m (301 sq ft)

RENTAL

Our client is seeking £6,760 per annum (£130 p/w) for the leasehold interest in the property.

PRICE

Our client is seeking offers in excess of £65,000 for their heritable interest.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £5,200. The uniform business rate for the current year is £0.49 pence in the pound.

For properties with a Rateable Value of £15,000 and under occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme, depending on individual circumstances.

UTILITIES

The property is served by mains electricity and water.

ENERGY PERFORMANCE CERTIFICATE

The EPC rating is pending.

A copy of the recommendation report can be provided on request.

LEGAL COSTS

Each party  shall bear their own legal costs with the eventual tenant/buyer liable for any Registration Dues or LBTT thereon.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole the letting agents, Allied Surveyors Scotland plc.

Iain Mercer BA, AssocRICS | 0131 357 4455 |  Iain.mercer@alliedsurveyorsscotland.com

Bernadetta Majewska BSc (Hons) | 0131 357 4455 | bernadetta.majewska@alliedsurveyorsscotland.com 

  • Well-positioned retail unit in Perth city centre
  • Large glazed frontage
  • Benefitting from good levels of footfall
  • Bright unit with small kitchen and WC
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