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TOWN CENTRE RETAIL INVESTMENT - ORIGINAL FACTORY SHOP, BLAIRGOWRIE

For sale: POA|8181 Sq Ft|Retail, Office, Retail - High Street, Retail - Out of Town, Showroom, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE8181 Sq Ft
ADDRESSThe Original Factory Shop, 68 High Street, Blairgowrie, Perth and Kinross, PH10 6DF
TYPERetail, Office, Retail - High Street, Retail - Out of Town, Showroom, Offices, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON28th October 2020

DESCRIPTION

Substantial Town Centre Property
Rear loading Area
Ground, Bsm & 1st
Let to: Original Factory Shop Ltd
Expiry: July 2021
Passing Rent: £26,911.95p.a. (Rebased from £41,403p.a)
Price on Application

Location

The property is situated on the south side of High Street, at its junction with Perth Street within the town centre of Blairgowrie in Perthshire.

Blairgowrie is an affluent rural town located 19 miles north- west of Dundee. The property is located in the heart of the town centre on Allan Street, at its junction with High Street. Nearby occupiers include T.S.B Bank, Perth St Post Office, R. Doig & Sons and Bank of Scotland.

Property

The property comprises a substantial corner commercial unit of traditional construction surmounted by a pitched roof with large extension surmounted by a flat roof. The rear of the demise is accessible externally via the common lane offering ample loading and unloading space.

Offering a multi-window display frontage, the property is accessed via a double door entrance leading to an open plan retail area. Internally the space has been decorated in accordance with the tenants corporate specifications, floors have been overlaid in laminated timber, with lighting provided by way of fluorescent and L.E.D. panels recessed within the suspended acoustic tile ceiling. Heating and cooling is provided by way of air conditioning units mounted along the perimeter walls.

To the rear of the demise, partitions have been erected to form large storage and loading area, staff tea prep and manager office.

Area

The property extends to the following net internal area;

760sqm (8,181sq ft)

Executive Summary

The property is held on a full repairing and insuring head lease with schedule of condition on the following terms;

Tenant: Original Factory Shop Ltd
Term: 12th July 2010 - 11th July 2025
Tenant Break: July 2021
Passing Rent: £26,911.95p.a. (Rebased from £41,403p.a.)
Further: Discussions are currently ongoing with the tenant in order to remove the break option.

Price

On application

V.A.T.

Figures quoted are exclusive of V.A.T.

E.P.C.

Available on request

Lease & Title

Available to any seriously interested party

Legal

Each party shall incur their own legal costs involved in the transaction

LOCATION

Location: The Original Factory Shop, 68 High Street, Blairgowrie, Perth and Kinross, PH10 6DF

Dunkeld & Birnam (9.3 miles)

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