SALE BY ONLINE AUCTION THURSDAY 5TH OCTOBER 2023 AT 9.00AM. 13 car parking spaces in Perth city centre. Strong potential rental yield with good local demand. Nearby retail park and office block. Close to new proposed mosque. Low cost investment with potential to divide and resell individually.
Online Property Auctions Scotland are delighted to offer this fantastic investment opportunity to purchase 13 parking spaces to the rear of Highland House in the centre of Perth.
Highland House contains a mix of retail and office space, and is located directly opposite St Catherine's Retail park; home to Morrisons, Curry's, Halfords, Sports Direct and TK Maxx amongst others.
Located to the rear of Highland House, these spaces are likely to appeal to a mix of commercial and residential users with good quality private housing nearby.
13 individual spaces with the potential to purchase and divide with potential resale value around £5,000 per space, giving an overall value around £65,000.
Opposite St Catherine’s retail park in central Perth***Sold for £49.15m October 2021*** Highly sought after location*** Nearby occupiers include: Bannatynes Gym, The Gym, Costa, Currys, Dunelm, Home Bargains, Carpet Right, KFC & Police Scotland***The city of Perth is the administration capital for the region of Perth & Kinross. The major employers are: Perth & Kinross Council, NHS Tayside, Scottish & Southern Energy. The worldwide transport company Stagecoach’s headquarters are in Perth.*** The city is a sought after destination with a number of centrally located cultural amenities including: Perth Museum & Art Gallery, The Fergusson Gallery and Perth Theatre *** High tenant demand for property in high amenity district***Opportunity to purchase potentially high income producing, parking spaces ***
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13 Car Parking Spaces in Perth City Centre
Behind Highland House and Opposite St Catherine's Retail Park
Strong Potential Rental Yield or Potential to Divide and Resell Individually
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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