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Commercial Opportunity , 140-150 South Street, Perth, PH2 8PA

2,049 Sq Ft / Other / Mixed Use

For Sale - £350,000.00

Available - Last updated: 25 June 2025

The subjects comprise two entire and adjoining buildings located within the centre of Perth. 140-144 comprises 2 ground floor units within a mid-terraced 3 storey and attic traditional stone and slate building. The adjoining building at 146-150 South Street comprises 2 ground floor commercial units contained within a traditional 2 storey and attic stone and slate property.

Location

Perth, which has a population of approximately 45,000 persons (Source: Perth & Kinross Council), is the principal area of Perth & Kinross District and has recently been awarded City status. Historically known as the gateway to the Highlands, Perth enjoys close proximity to Scotland’s main cities with 90% of the country’s population accessible within 90-minute drive time. Dundee lies approximately 22 miles to the east with Edinburgh 43 miles to the south and Glasgow 61 miles to the southwest.

Perth is located at the base of the River Tay in the heart of Scotland with the A9 and A90/M90 giving easy access to Dundee, Edinburgh, Glasgow and the south beyond. The subjects are prominently located within the centre of Perth on busy South Street where surrounding occupiers comprise a mix of local and national retailers

Accommodation

140 South Street 240 sqft

144 South Street 284 sqft

146 South Street 805 sqft

Basement Store 392 sqft

External Store 238 sqft

Terms

Our client is inviting offers in the region of £350,000 for their heritable interest subject to the existing lease agreements which represents a net initial yield of 13.25%

VAT Prices are quoted exclusive of VAT.

Specification

  • OFFERS IN REGION OF £350,000
  • EXCELLENT INVESTMENT OPPORTUNITY LOCATED WITHIN CENTRAL PERTH
  • ANNUAL INCOME OF £48,020
  • PRICE REPRESENTS A NET INITIAL YIELD OF 13.25%

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £350,000.00 NA

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