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17 North Methven St

988 SF Retail Unit Offered at £75,000 in Perth PH1 5PN

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.

PROPERTY FACTS

Price £75,000
Unit Size 988 SF
No. Units 1
Total Building Size 5,000 SF
Property Type Retail (Unit)
Sale Type Investment
Number of Floors 2
Typical Floor Size 2,500 SF
Year Built 1990
Tenancy Single
Lot Size 0.06 AC

1 UNIT AVAILABLE

Unit 17

Unit Size 988 SF
Price £75,000
Price Per SF £75.91
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 12.05%
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 £75,000 which represents a Net Initial Yield of 12.05%

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AMENITIES

  • 24 Hour Access

NEARBY MAJOR RETAILERS

Virgin Money
Bakers + Baristas
Costa Coffee
YMCA
Sainsbury's
Barclays
Santander
Starbucks
The Gym Group
Caffe Nero
  • Listing ID: 33205127

  • Date on Market: 17/09/2024

  • Last Updated:

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

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