The subjects comprise an attractive retail unit planned on ground floor and basement levels.
Location
Perth is an affluent Scottish market town situated 40 miles north of Edinburgh and 22 miles west of Dundee. Perth benefits from a resident population of over 45,000 people and links directly to the M90 motorway.
The premises are situated in a strong retail location in the centre of the city on the east side of King Edward Street and are immediately adjacent to Bob & Berts and Bank of Scotland. The precise location can be seen from the attached location plan.
Accommodation
We calculate the floor areas to be as follows:
Gross Frontage 15’6” (4.76m)
Ground Floor 842 sq ft (78.25 sq m)
Basement Area 958 sq ft (89.03 sq m)
Total Net Internal Area 1,800 sq ft (167.28 sq m)
Terms
Lease Terms - The premises are offered to let on full repairing and insuring terms.
Rent - Offers over £22,000 per annum exclusive of VAT are invited.
Rateable Value - We understand the property is entered on the Local Valuation Roll as follows:-
Rateable Value £16,500
The current rate poundage is 49.8p.
EPC Rating - The EPC rating of this property is available on request.
Legal Costs - Each party to be responsible for their own legal costs incurred in this transaction with the ingoing tenant being responsible for any Stamp Duty, Land Tax and Registration Dues.
VAT - Please note VAT is chargeable on the rent.
Date of Entry - Immediate.