Absolutely Stunning Space That Would Suit Various Uses

Key Features

• Perth is located approximately 45 miles north of Edinburgh and 60 miles east of Glasgow, with a primary catchment population in the region of 165,000 people.
• The Perth retail market benefits from over 9 million day tourists visiting the city each year, with total retail spend reaching over £1.1 billion per annum.
• The property comprises a stunning, detached building (grade A listed) in a highly prominent position overlooking the new Perth Museum.
• The property is fully accessible thanks to the ramped access and modern lift.
• Flexible layout could suit various uses.
• The property benefits from rear servicing and includes a secure off-street car park for 5 cars.
• Potential redevelopment options, subject to all the necessary statutory consents.
• The Landlord has secured a Change of Planning Use to Class 3 with 5 flats on the upper levels. (Ref No: 22/00193/FLL).
• The property is situated in close proximity to St John’s Shopping Centre and is visible from the High Street, providing very high passing footfall.
• Over 50% of residents in the core catchment are in the ABC1 category.
• Other occupiers located nearby include Mostyn McKenzie, White Stuff, The Venue, Lyndsays, Cardo, Banks of Perth, Rohan and TB Mitchell.

Description

The property comprises a stunning, detached building (grade A listed) over ground, first and second floors, which is fully accessible thanks to the ramped access and modern lift and benefits from rear servicing and includes a secure off-street car park for 5 cars.

Internally, the building retains a wealth of original period features such as ornate cornicing plasterwork, stained glass and generous ceiling heights within a layout offering flexibility to suit various uses. Indeed, the Landlord has secured a Change of Use to Class 3 with 5 flats on the upper levels. (Ref No: 22/00193/FLL).

Available area

The accommodation comprises the following areas:

Location

Geographically located in the centre of Scotland, the City of Perth has a primary catchment population in the region of 165,000 people and benefits from its wealth of historical, cultural & natural attractions combined with excellent connectivity to the rest of the Country (90% of Scotland’s population within 90 minutes drivetime) - all of which make Perth an unrivalled base for tourist visitors looking to explore the country.

The Perth retail market benefits from over 9 million day tourists visiting the city each year, with total retail spend reaching over £1.1 billion per annum and over 50% of residents in the core catchment are in the ABC1 category.

50 St John Street is situated in the heart of Perth city centre, in a highly prominent position overlooking the new Perth Museum - link here to Perth Museum - all of which combine to generate a high level of passing footfall. Other occupiers located nearby include Mostyn McKenzie, White Stuff, The Venue, Lyndsays, Cardo, Banks of Perth, Rohan and TB Mitchell.

Use

The property was previously occupied by Lakeland as a very successful retail store, although our client has now secured planning consent for Class 3 (food and drink), with permission for 5 flats on the upper levels (Ref No: 22/00193/FLL). The property is therefore very well suited for Bar, Restaurant or Retail use.

Business Rate

Rateable Value: £47,500 - UBR 2024/25: £0.498 - Rates Payable: £23,655 per annum

Legal Costs

Each party is to be responsible for their own legal costs incurred in this transaction.