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8 Fleshers Vennel 419 sq ft 100% Let Retail Property Perth PH2 8PF £40,000 (£95.47/sq ft)



Investment Highlights
- Rental income of £4000 per annum
- Located next to Brand New Perth Museum (Opened 2024)
- With a population in excess of 46,000 people this is densely populated central Scottish Location
Executive Summary
***GREAT OPPORTUNITY*** To acquire a retail / office unit in Heart of Perth City centre (with tenant) *** Located next to Brand New Perth Museum (Opened 2024)*** Rental income of £4,000 per annum*** Ideal for asset management*** Great location***
• *** Attractive Sized Unit: Number 8: 419 sq ft*** Located on Fleshers Vennel which is a popular pedestrian thoroughfare between South Street and St Johns Place which leads to Perth City Hall within the centre of Perth***
• Flat 8, 10 Fleshers Vennel Sold £74k (Feb 24)**6/4 Fleshers Vennel Sold £95k (Feb 20)**48B South Street Sold £67k (Sept 23)**22 South St Sold £100k (Aug 23)**7 Fleshers Vennel Sold £58k (May 19)*** CENTRAL LOCATION WITH EXPECTED INCREASE IN FOOTFALL***
• These rarely available properties could potentially offer Lucrative rental once asset managed and re-let** Ideal long term affordable lot size and perfect for local & professional property investors*** Perfect for buying vacant and creating Lucrative property investment***
• The city of Perth is the Administration capital for the Region of Perth & Kinross***With a population in excess of 46,000 people this is densely populated central Scottish Location and is located in the heart of Scotland with excellent transport links to Glasgow, Edinburgh, Dundee & Aberdeen.
The subjects for sale comprise 2 attractive sized retail units within a two storey building of traditional stone and slate construction.*** Rental income of £4000 per annum*** 13.33% RENTAL RETURN at guide price***Attractive & Affordable Lot size***The subjects could possibly potentially suit redevelopment for a variety of commercial uses or residential development, subject to planning and discussing with Perth & Kinross council***
• *** Attractive Sized Unit: Number 8: 419 sq ft*** Located on Fleshers Vennel which is a popular pedestrian thoroughfare between South Street and St Johns Place which leads to Perth City Hall within the centre of Perth***
• Flat 8, 10 Fleshers Vennel Sold £74k (Feb 24)**6/4 Fleshers Vennel Sold £95k (Feb 20)**48B South Street Sold £67k (Sept 23)**22 South St Sold £100k (Aug 23)**7 Fleshers Vennel Sold £58k (May 19)*** CENTRAL LOCATION WITH EXPECTED INCREASE IN FOOTFALL***
• These rarely available properties could potentially offer Lucrative rental once asset managed and re-let** Ideal long term affordable lot size and perfect for local & professional property investors*** Perfect for buying vacant and creating Lucrative property investment***
• The city of Perth is the Administration capital for the Region of Perth & Kinross***With a population in excess of 46,000 people this is densely populated central Scottish Location and is located in the heart of Scotland with excellent transport links to Glasgow, Edinburgh, Dundee & Aberdeen.
The subjects for sale comprise 2 attractive sized retail units within a two storey building of traditional stone and slate construction.*** Rental income of £4000 per annum*** 13.33% RENTAL RETURN at guide price***Attractive & Affordable Lot size***The subjects could possibly potentially suit redevelopment for a variety of commercial uses or residential development, subject to planning and discussing with Perth & Kinross council***
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
419 sq ft
Costar Property Class
C
Year Built
1766
Price
£40,000
Price per sq ft
£95.47
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.93
Total Plot Size
0.01 ac
Frontage
33 ft on Fleshers' Vennel
Amenities
- Roller Shutters
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Online Property Auction Group
8 Fleshers Vennel
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