***GREAT OPPORTUNITY*** To acquire a retail / office unit in Heart of Perth City centre (with tenant) *** Located next to Brand New Perth Museum (Opened 2024)*** Rental income of £4,000 per annum*** Ideal for asset management*** Great location***
• *** Attractive Sized Unit: Number 8: 419 sq ft*** Located on Fleshers Vennel which is a popular pedestrian thoroughfare between South Street and St Johns Place which leads to Perth City Hall within the centre of Perth***
• Flat 8, 10 Fleshers Vennel Sold £74k (Feb 24)**6/4 Fleshers Vennel Sold £95k (Feb 20)**48B South Street Sold £67k (Sept 23)**22 South St Sold £100k (Aug 23)**7 Fleshers Vennel Sold £58k (May 19)*** CENTRAL LOCATION WITH EXPECTED INCREASE IN FOOTFALL***
• These rarely available properties could potentially offer Lucrative rental once asset managed and re-let** Ideal long term affordable lot size and perfect for local & professional property investors*** Perfect for buying vacant and creating Lucrative property investment***
• The city of Perth is the Administration capital for the Region of Perth & Kinross***With a population in excess of 46,000 people this is densely populated central Scottish Location and is located in the heart of Scotland with excellent transport links to Glasgow, Edinburgh, Dundee & Aberdeen.
The subjects for sale comprise 2 attractive sized retail units within a two storey building of traditional stone and slate construction.*** Rental income of £4000 per annum*** 13.33% RENTAL RETURN at guide price***Attractive & Affordable Lot size***The subjects could possibly potentially suit redevelopment for a variety of commercial uses or residential development, subject to planning and discussing with Perth & Kinross council***
***The city is a sought after destination with a number of centrally located cultural amenities including: Brand New Perth Museum (re opened 2024), Perth Art Gallery, Perth Theatre & Concert Hall, River Tay Public Art Trail, Perth Playhouse, North Inch Parkland Nearby**Perth is located in the heart of central Scotland suited on the banks of the River Tay. The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow lying at the hub of Central Scotland’s road network. In 2012, Perth was awarded city status making it Scotland’s newest city. The historic setting attracts a large influx of tourism and offers a number of events throughout***This property is located within a popular district within Perth City centre hosting a number of local amenities*** Opportunity to Purchase potentially Lucrative property investment opportunity***Likely to attract Substantial Interest from Developers & Investors***
GUIDE PRICE: £30,000
Virtual Tour Links
- 8 Fleshers Vennel - https://www.madesnappy.co.uk/tour/1g8d2g109d7
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To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Low cost commecial unit in Perth City Centre
High growth city
Great turney investment opportunity
* 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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