The subjects comprise a well fitted out shop currently being used as a hair salon but would suit other retail and/or office type uses.
Internally the property provides an open plan retail area, large cellular store with kitchen, additional small kitchen and toilet. The property is well fitted out for salon use being in good decorative order, good flooring and led lighting throughout.
Location
The property is ideally located in a prominent position on the pedestrianised St John Street in Perth City Centre.
Accommodation
We have measured the property to have a net internal area of approximately 74.74 sq m (805 sq ft) over ground floor. There is a basement accessible via a hatch in the floor and timber stairs suitable for storage purposes only.
Terms
Terms - Our client is seeking a rental of £11,000 per annum on FRI lease terms for a negotiable period.
VAT - No VAT payable on the rent.
Business Rates - The subject property has a Rateable Value of £12,700 effective 1 April 2023. The incoming tenant may be eligible for rates relief via the small business bonus scheme and eligible to appeal the RV to see if it could be reduced below £12k.
Energy Performance Certificate - Available on request.
Legal Costs - Each party will be liable for their own legal costs incurred.
Specification
- Prominent located in Perth City Centre
- Well fitted out for salon use but would also suit other retail or office type uses
- Good decorative condition
- LED lighting throughout
- Rates relief available (subject to eligibility)
- £920 per month rental with no VAT due