The property currently comprises office accommodation incorporating a retail unit at ground floor level which was added approximately 10 years ago. It has been comprehensively refurbished to a modern standard and is set within an attractive Grade B listed period building of traditional stone and brick construction arranged over basement, ground and upper floors under a predominately pitched and slated roof.
The property has had various uses over the past two decades including being used as the Perth Conservative Club, then a leisure/gym centre during the late 1990’s and early 2000’s. It was converted into office use around 2006 and has been home to Thorntons Solicitors for the past 10 years. It may be suitable for an alternative use subject to planning.
Location
Perth is the administrative and retail centre for the Perth and Kinross area with a resident population of 44,820 and was recently awarded City status (2012). Perthshire is home to a number of world-class education and research institutions and major companies including; SSE, Aviva, Stagecoach and Highland Spring. Perth's immediate access to Scotland's national road network, airports and the city’s superb rail links ensure quick and easy access to markets and national talent.
The property is situated in a prominent location on George Street in the heart of Perth city centre, just off the High Street. George Street as a location provides good quality retail, leisure and office accommodation, occupied by a mix of local and regional occupiers. Perth museum and art gallery is located at the north end of George Street with the new Perth concert hall immediately next door. Perth and Kinross Council’s HQ office at 2 High Street is also located nearby.
Accommodation
We have measured the property on a Net Internal Area basis and found the approximate areas to be as follows;
Basement - 161.27 sq m (1,736 sq ft)
Ground – Retail - 63.67 sq m (685 sq ft)
Ground – Office - 200.02 sq m (2,153 sq ft)
First Floor - Office - 301.69 sq m (3,247 sq ft)
Second Floor - Office - 194.00 sq m (2,079 sq ft)
Total NIA - 920.65 sq m (9,910 sq ft)
Terms
Rates - The property has a Rateable Value (RV) of £XXX effective from 1 April 2017.
Terms - Offers to purchase are invited. Our client may also consider leasing the property on FRI terms. The property is VAT elected so VAT will be payable on the sale or lease price.
Legal Costs - Each party will be responsible for their own legal costs with the incoming tenant responsible for LBTT and registration dues.
Energy Performance Certificate - Awaiting completion.
Specification
- Extremely attractive period building over four floor levels plus mezzanine areas
- Extensively refurbished and modernsied accommodation
- Sub-division will be considered
- Passenger lift to three floors
- Suitable for variety of uses (subject to planning)
- City Centre location
- Net Internal Area of 921 sq m (9,910 sq ft)