Town Centre Location
Prominent Retail Unit
Held on F.R.I Lease
Expiry 13th March 2032
Passing Rent: £19,000p.a.
Sale: o/o £225,000
Location
The property is situated on the north side of Atholl Road within the Perthshire town of Pitlochry.
Pitlochry is situated on the banks of the river Tummel and Loch Fiskaly. Pitlochry is one of Scotland’s main tourist towns and has seen an increase in demand correlating with the rise in “staycations” the town is well served with a number of hotels and holiday parks with a number of activities available. The locale is characterised by a number of hotels, food and retail outlets along with Port Na Craig tourist attractions being a short distance.
Neighbouring occupiers include Scotland’s Spa Hotel, Davidson’s Chemist, Pitlochry Train Station and Port Na Craig.
Property
The property comprises a mid terraced retail unit formed over ground floor and basement within a larger 3 story mixed use stone development surmounted by a pitched roof.
The property benefits from a single display frontage with dual door access. Internally the property has been renovated to a good standard by the tenant with laminated timber flooring, recessed L.E.D. spots and partitioned tea prep and w.c. to the rear.
The property benefits from a basement accessed via a single staircase providing further storage.
Area
The property has been calculated to extend to the following internal area
Ground: 53.14sqm (572sq ft)
1st: 31.91sqm (343sq ft)
Total: 85.05sqm (915sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: R W Bell Green Energy Ltd
Expiry: 13th March 2032
Passing Rent: £19,000p.a.
Sale
The property is available on a freehold basis for
o/o £225,000
V.A.T
We understand the property has not been elected for V.A.T.
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti Money Laundering
TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.