Prominent Industrial Property
- Existing use of vehicle repair garage.
- Across from McDiarmid Park.
- 2.5 miles from Perth city centre.
- Extends to circa 13,000 sq ft on 0.72 acres.
- Ground lease in place until 2111.
The property is located between Strathtay Road and Crieff Road in Perth. Occupiers in the area include St Johnstone FC, B&Q and Tesco.
Access to the A9 is 2 minutes away and thereafter Stirling is 27 miles due south with Glasgow 58 miles south west and Edinburgh 47 miles south east.
Perth benefits from a resident population in the region of 48,000 persons.
This single storey industrial property built in the 70’s has always been used for motor vehicles repairs. The workshop is supported by a more modern extension
which was added in the early 2000s. The workshop is heated and has 3 roller shutter doors with electricity and gas on site.
The smaller office/reception building has two fitted offices with additional storage and WC’s.
The buildings are on a tarmacked site extending to circa 0.72 acres which provides additional parking.
Our client has a long leasehold interest in the property from Perth & Kinross Council that expires 27th May 2111 at a current ground rent payable of £14,225 per annum.
The property is currently let to Fleet Repair Group and their lease expires on on 30th October 2023. The current rent payable is £56,000 per annum.
We have recently carried out an Energy Performance Assessment for the property and this is available to seriously interested parties.
A recent building survey report is available for seriously interested parties.
According to the Scottish Assessor’s website, the property has a Rateable Value of £47,600.
Our Client is seeking £350,000 for his interest.
VIEWING & FURTHER INFORMATION
Strictly via the sole selling agents:
Jonathan McManus, Partner
DM Hall LLP
Mobile: 07771 606582