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Townhouse Office Premises, 4 Atholl Place, Perth, PH1 5ND

3,294 Sq Ft / Offices

For Sale - £395,000.00

Under Offer - Last updated: 22 December 2023

The subjects comprise an attractive B Listed mid terraced townhouse with stunning views across the North Inch. To date, the subjects have been utilised as office accommodation but may be suitable for conversion to other uses subject to receipt of the appropriate planning consent. The extensive car park to the rear comprises 27 spaces and at the time of writing, 19 of these are understood to be let on an individual basis at a total rent equivalent to £11,400 per annum. Further details are available from the selling agents.

The property benefits from the following:

  • Carpet covered floors
  • Perimeter trunking
  • Electric heating
  • Tea preparation facilities
  • Male and female toilet facilities
  • Intruder alarm system
  • External store to rear
  • Attractive period features
  • 27 car spaces to rear

Location

The City of Perth lies approximately 40 miles north of Edinburgh, 22 miles south west of Dundee and 33 miles north east of Stirling. The city has a good communication system, lying at the junction of the M90 and the A9, the two main routes north from Edinburgh and Glasgow, Perth has a resident population of circa 50,000, although the city provides services for a much larger catchment.

The subjects are located on Atholl Place, on the northern edge of Perth City Centre close to Perth Concert Hall and Perth Museum and Art Gallery. Nearby occupiers include Smart & Co, Miller Hendry Solicitors & Estate agents and Remax.

Accommodation

The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and the following Net Internal Areas have been calculated:

Basement - 85.13 sq m (916 sq ft)

Ground Floor - 65.80 sq m (708 sq ft)

First Floor - 82.40 sq m (887 sq ft)

Second Floor - 72.81 sq m (783 sq ft)

Total - 306.14 sq m (3,294 sq ft)

External Store - 12.98 sq m (140 sq ft)

Terms

RATEABLE VALUE:

The subjects are currently assessed on a floor by floor basis as follows:

Basement - £5,000
Ground Floor - £5,400
First Floor - £6,000
Second Floor - £5,100

The car park is currently let to multiple tenants on a flexible basis. Each car space has a rateable value of £650 and the individual tenants are responsible for any associated costs.

The suites may qualify for up to 100% rates relief depending on tenant status. Further information can be found at www.saa.gov.uk

SALE PRICE: The subjects are available for sale in their entirety and offers in excess of £395,000 plus VAT are sought for the benefit of our client’s heritable interest.

EPC: The subjects have an EPC rating of F (92). A copy of the certificate for the property is available on request.

VAT: All figures quoted are exclusive of VAT.

ENTRY: By agreement.

LEGAL COSTS: Each party will be responsible for the payment of their own legal costs involved in any transaction. The incoming tenant will be responsible for the payment of any Land and Buildings Transaction Tax and VAT incurred.

Specification

  • Entire townhouse for sale
  • Attractive period features and stunning views from upper levels
  • Income producing car park to rear comprising 27 spaces
  • Potential for alternative use/redevelopment subject to planning
  • Immediate entry available

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £395,000.00 NA

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Contact agents

Ian Davidson

DM Hall

0131 610 0830

Lois Paterson

DM Hall

01383 650360

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