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Commercial property in Perth City Centre

Perth, PH1 - Get Access

Description

Freehold commercial premises with vacant possession located on a busy road in the heart of Perth City Centre. The premises occupy the ground level and basement of a traditional tenement building. Open plan sales area with staff room and toilet facilities. Electric roller shutter fitted. The premises are laid out over ground floor and basement levels and offer great space with flexibility. Ground floor: 50 sq metres. Basement: 30 sq metres. High rental demand with potential rental income up to £14,000 pa, offering a potential yield of 25% based on the competitive guide price. Located in an excellent trading position with other nearby retailers including Domino's Pizza, 02, Tesco Express and the St John's Shopping Centre. Perth is a historic and well-connected city in central Scotland, situated on the banks of the River Tay and serving as an important commercial and administrative centre. The city offers a wide range of shopping, leisure, hospitality and professional services, with a strong established business community. Perth, which has a population of approximately 45,000 persons, is the principal area of Perth & Kinross District. Perth benefits from excellent transport links, including direct rail services and easy access to the M90, providing convenient connections to Dundee, Edinburgh, Glasgow and Stirling. The city centre attracts regular pedestrian and vehicular footfall, with Scott Street occupying a prominent central position close to the main retail and commercial areas. The location is well suited to a variety of retail, office and commercial uses.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 538 sq ft (Listing)

The property is a commercial unit in a traditional tenement building in Perth City Centre. Valuation was based on its size, location, and potential rental income, cross-referenced with commercial sales evidence.

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