The premises comprise a double windowed retail unit arranged over the ground, basement and first floors of a stone constructed building. The premises benefit from additional frontage onto King Edward Street.
Location
Perth is located approximately 44 miles north of Edinburgh and is known as "The Gateway to the Highlands" due to its close proximity to the Cairngorms which are easily accessible via the A9. As a consequence, Perth is a popular stop off for tourists on their route north.
The premises occupy a 100% prime location on Perth's pedestrianised High Street in close proximity to Primark which anchors the St John's Shopping Centre.
More specifically, the premises are located on the south side of the High Street on the corner with King Edward Street. Nearby occupiers include Fat Face, Superdry, W H Smith, M&S, Next and New Look.
Accommodation
The net internal areas are as follows:
Ground Floor: 223sqm (2,400sq ft)
Basement: 238sqm (2,562sq ft)
First Floor (Staff): 9sqm (97sq ft)
Terms
Rating - The premises are entered into the 2017 Valuation Roll as follows: Rateable Value £XXX
Planning - The property benefits from Class 1 (Retail) consent under the Town and Country Planning (Use Classes) (Scotland) Order 1997.
The property also now benefits from restaurant consent
Proposal - Our client is offering the subjects on a new full repairing and insuring lease for a negotiable term for £XXXp.a.x.
V.A.T - Figures quoted are exclusive of V.A.T
Legal Costs - Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt, the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Energy Performance Certificate - Available on request.
A copy of the EPC and Recommendation Report can be provided on request.
Specification
- Prime Town Centre Position
- Return Frontage
- Ground, Basement & Part 1st
- Good Condition Internally
- Restaurant Consent Granted
- 5,059sq ft
- Air Conditioned
- £XXX
- £XXX