The premises comprise a ground floor shop unit within a three storey terraced property under a pitched and slate-covered roof. The shop benefits from a double display window and internally is arranged to provide a front retail/sales area with storage, a tea prep and WC to the rear.
Location
The subjects are located on the north side of South Street within the heart of Perth city centre. Perth is situated approximately 40 miles north of Edinburgh and 60 miles north east of Glasgow with a population in the region of 45,000 and a catchment of 120,000. The premises benefit from being located close to the St John’s Shopping Centre and also the stylish and attractive St John’s Street. Surrounding occupiers include Exel Wines, Giraffe Gifts and Gallery, Farmfoods, Raspberry Designer Jewellery, Pig Halle Restaurant, TB Mitchell Jewellers and McEwans of Perth Department store.
Accommodation
We calculate the premises to have the approximate measurements/floor areas:
Frontage - 18 ft (5.45m)
Depth - 43 ft (13.15 m)
Floor Area - 682 sq ft (63.36 sq m)
Terms
Lease Terms
The premises are held on FRI terms expiring 31 December 2016. Our client is seeking to assign or sub-lease their interest.
Rateable Value
NAV/RV £10,000
No rates payable subject to meeting qualifying criteria.
Where the Rateable Value of the property is under £10,000, the occupier may be eligible for 100% relief under the Small Business Bonus Scheme.
Energy Performance Certificate
A copy of the EPC will be provided upon application.
VAT
All prices, rents, free moves etc are quoted in exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Legal Costs
Each party will be responsible for their own legal costs and outlays including VAT incurred.