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140-150 South St 2,049 sq ft 100% Let Retail Property Perth PH2 8PA £350,000 (£170.82/sq ft) 13.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Perth is located at the base of the River Tay in the heart of Scotland with the A9 and A90/M90
- The subjects are prominently located within the centre of Perth on busy South Street
- Easy access to Dundee, Edinburgh, Glasgow and the south beyond
EXECUTIVE SUMMARY
Excellent investment opportunity located within central Perth. Price represents a net initial yield of 13.25 %.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,049 sq ft
Costar Property Class
B
Year Built
1898
Price
£350,000
Price per sq ft
£170.82
Yield
13.25%
NOI
£46,375
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.91
Total Plot Size
0.05 ac
Frontage
56 ft on South Street
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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140-150 South St
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