8 Fleshers Vennel
419 SF 100% Leased Retail Building Perth PH2 8PF $50,392 ($120/SF)
INVESTMENT HIGHLIGHTS
- Rental income of £4000 per annum
- Located next to Brand New Perth Museum (Opened 2024)
- With a population in excess of 46,000 people this is densely populated central Scottish Location
EXECUTIVE SUMMARY
***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***
• *** 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***
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
419 SF
Building Class
C
Year Built
1766
Price
$50,392
Price Per SF
$120
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.01 AC
Frontage
33 FT on Fleshers' Vennel
AMENITIES
- Automatic Blinds
1 of 1
NEARBY MAJOR RETAILERS
