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10-12 John St 1,755 sq ft Retail Unit Offered at £190,000 in Perth PH1 5SP
INVESTMENT HIGHLIGHTS
- Mixed Commercial & Residential Investment
- 1 x Café Unit - Income £15,800 per annum.
- City Centre Location
- 4 x Residential Flats - Income £19,080 per annum
EXECUTIVE SUMMARY
The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. In 2012, Perth was awarded city status. The historic setting attracts a large influx of tourism and offers a number of events throughout the year whilst the city centre boasts a mix of both independent and national retailers. The subjects as situated on the east side of St. John Street, a popular mixed use location a short distance from High Street. The subjects comprise 1 x commercial unit laid out over ground and basement levels with 4 x residential flats above.
PROPERTY FACTS
| Total Property Size | 1,755 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 351 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1950 |
| Costar Property Class | B | Total Plot Size | 0.03 ac |
| Total Property Size | 1,755 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 351 sq ft |
| Year Built | 1950 |
| Total Plot Size | 0.03 ac |
AMENITIES
- Security System
- Storage Space
1 UNIT AVAILABLE
Unit 10/12
| Unit Size | 1,755 sq ft | Unit Use | Retail |
| Price | £190,000 | Sale Type | Investment |
| Price Per sq ft | £108.26 | Tenure | Freehold |
| Unit Size | 1,755 sq ft |
| Price | £190,000 |
| Price Per sq ft | £108.26 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
10/12 St John Street - The café at ground floor trades as Food & Thing Limited and is well presented and modern Circa 164 sq. ft (1,755 sq.ft) approx.
SALE NOTES
The subjects are available For Sale together or as separate lots as follows;
10/12 St John Street – Offers in the region of £190,000
Flats 14a,b,e,f St John Street – Offers in the region of £255,000 (this represents a 10% discount from total Market Value)
MAJOR TENANT INFORMATION
| TENANT | sq ft OCCUPIED | LEASE END DATE |
|---|---|---|
| Food & Things |
1,755 sq ft
|
January 2033
|
NEARBY MAJOR RETAILERS
Presented by
10-12 John St
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