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46 South St 380 sq ft Retail Unit Offered at £65,000 in Perth PH2 8PD

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INVESTMENT HIGHLIGHTS

  • Busy central location
  • Traditional tenement building
  • Good opportunity for private investor

EXECUTIVE SUMMARY

The subjects comprise a mid terraced ground floor retail unit contained within a traditional tenement building. The main walls are of solid stone construction whilst the roof over is pitched and clad in slates.

PROPERTY FACTS

Total Property Size 2,692 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront Retail / Residential
Costar Property Class B
Floors 4
Typical Floor Size 612 sq ft
Year Built 1889
Total Plot Size 0.02 ac

AMENITIES

  • Security System
  • Storage Space

1 UNIT AVAILABLE

Unit 46

Unit Size 380 sq ft
Price £65,000
Price Per sq ft £171.05
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 11.79%
NOI £7,663.50
DESCRIPTION

The subjects comprise a mid terraced ground floor retail unit contained within a traditional tenement building. The main walls are of solid stone construction whilst the roof over is pitched and clad in slates. The subjects currently trade as an African convenience store.

SALE NOTES

Client is inviting offers of £65,000 for their heritable interest which would reflect a net initial yield of 11.79%.

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NEARBY MAJOR RETAILERS

énergie Fitness
Caffè Nero
Costa Coffee
Starbucks
YMCA
Bakers + Baristas
Sainsbury's
Virgin Money
Santander
Co-op
  • Listing ID: 35038904

  • Date on Market: 06/03/2025

  • Last Updated:

  • Address: 46 South St, Perth PH2 8PD

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