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Investment Highlights

  • Investment opportunity
  • On street car parking is available on North Methven Street
  • Three storey, attic and basement tenement building

Executive Summary

The subjects are prominently located on the busy North Methven Street within the centre of Perth. Surrounding occupiers comprise a mix of local retailers, whilst on street car parking is available on North Methven Street.

1 Unit Available

Unit 17

Unit Size 988 sq ft
Price £65,000
Price Per sq ft £65.79
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 13.90%
NOI £9,037.50
Description

The property comprises a ground floor retail area trading as a wool shop with internal steps leading to basement storage and WC.

Sale Notes

Inviting offers of £65,000 which represents a Net Initial Yield of 12.05%

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Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Property Size 5,000 sq ft
Property Type Retail (Unit)
Floors 2
Typical Floor Size 2,500 sq ft
Year Built 1990
Tenancy Single
Total Plot Size 0.06 ac

Amenities

  • 24 Hour Access

Nearby Major Retailers

Bakers + Baristas
Costa Coffee
Starbucks
Sainsbury's
Virgin Money
Bank Of Scotland
Santander
Co-op
Caffè Nero
énergie Fitness
  • Listing ID: 33205127

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 17 North Methven St, Perth PH1 5PN

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