Retail Premises / Investment - For Sale

Key Information

• Sizeable city centre retail unit
• Curently income producing
• Current flexible Licence agreement (mutual breaks)
• 6 monthly running break options
• 350 sq.m (3767 sqft)
• Guide price £225,000
• Possible alternative uses (STC)

Property Description

The subjects comprise a substantial ground floor retail unit contained in a traditional 4 storey stone and slate tenement with attractive timber and glazed retail frontage. The subjects provide large open plan retail areas, with additional back shop/ancillary areas comprising stores, staff and toilets. The subjects would suit continuation of the existing retail use or alternatively, subject to a change of use may be suitable for restaurant, coffee shop etc. These are all established uses within the parade.

The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow lying at the hub of Central Scotland's road network. St John street is a popular and busy pedestrian location within Perth City Centre and includes a number of local/ regional retailers, and coffee shop outlets.