The subjects comprise a former department store arranged over basement, ground and three upper floors. It comprises retail accommodation, first floor, cafe, office, staff and storage accommodation. The subjects are serviced from Watergate to the rear and also benefit from 8 dedicated (staff) car spaces.
Location
Perth is a popular tourist destination and the administrative centre for Perth & Kinross Council with a population of 50,000. It is strategically positioned at the hub of Scotland’s transport network approximately 43 miles north of Edinburgh, 24 miles west of Dundee and 63 miles north of Glasgow.
Accommodation
The subject premises comprise the following approximate floor areas:
Ground Floor - 1,386.4 sq m (14,923 sq ft)
Basement - 616.8 sq m (6,639 sq ft)
Upper Floors - 1,989.61 (21,416 sq ft)
Total - 3,993 sq m (42,978 sq ft)
Terms
Energy Performance Certificate - Available upon request.
Price / rent - Upon request
Rateable value - £62,300 NAV / RV
Anti Money Laundering - Once an offer has been accepted, the prospective purchaser(s)/ occupier(s) shall be required to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Legal costs - Each party to pay their own legal costs in connection with the transaction with the purchaser being responsible for any registration dues and stamp duty.
Specification
- Extensive frontage onto St John Street
- Opportunity for redevelopment STP
- Total floor space - 3,993 sq m (42,978 sq ft)