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Key Points
Summary
VAT Free Retail Investment | 4.5 years unexpired | Let to Paddy Power | Passing rent of £22,500 pa | o/o £240,000 = NIY 9.18%
Description
Mid-terraced ground floor retail premises forming part of a larger blonde sandstone building where the upper floors are in residential use.
Externally benefits from aluminium framed shopfront with adjacent pedestrian access door.
Internally provides open plan accommodation with public front area complete with staff / customer toilets and kitchen tea prep to the rear.
Location
Located within the city of Perth with a catchment population in excess of 120,900 people.
More specifically the subject property is located within the heart of Perth city centre on the west side of South Methven Street between its junctions with High Street and Mill Street.
South Methven Street is a busy local pitch where neighbouring occupiers include Johnsons The Cleaners, Perth Dental Care, Pizza Express and Marians of Perth Ladies Clothing.
Perth (0.4 miles) |
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