REDUCED RENT & BUSINESS RATES

Key Features

• Busy Central Location, Close to St Johns Shopping Centre
• Well fitted out unit with ceiling mounted air-con units
• May be suitable for variety of uses (retail, office, takeaway – subject to planning)
• £1,250 per month rental
• Recently reduced Rateable Value
• No business rates for 12 months

Description

The subjects comprise a ground and first floor retail unit. The ground floor extends to approximately 1,076 sq ft at with a further 639 sq ft on the first floor.

The ground floor provides a well-presented retail area benefitting from a good fit-out with mix of retail space and staff room, kitchen, office and WC towards the rear of the ground floor.

Location

The property is located on South Street being one of the main shopping streets in Perth City Centre. The premises are located close to one of the main entrances to St John Shopping Centre near the junction with Scott Street. Nearby retailers include Sally Beauty, Tesco, Baynes, Greggs and various independent traders.

Terms

Our client is seeking a rental of £15,000 per annum on FRI lease terms for a negotiable period.

VAT

All prices are quoted exclusive of VAT.

Business Rates

The subject property has a Rateable Value of £14,200 which means the tenant will be eligible for small business rates relief. The incoming tenant is also likely to be eligible for 12 months fresh start relief whereby they will pay no business rates for the first 12 months.

Energy Performance Certificate

Available on request.

Legal Costs

Each party will be liable for their own legal costs incurred.