Industrial for sale in 288 Strathtay Road, Perth PH1

Fixed price £350,000 (£26.92/sq. ft)
Interested in this property? Call +44 141 376 9807 * or Request Details

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Industrial for sale

1,208 sq. m*

Property features

  • 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.

Property description

Prominent Industrial Property

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.

Description

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.


Tenure


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.


EPC


We have recently carried out an Energy Performance Assessment for the property and this is available to seriously interested parties.


Building survey/condition


A recent building survey report is available for seriously interested parties.


Business rates


According to the Scottish Assessor’s website, the property has a Rateable Value of £47,600.


Price


Our Client is seeking £350,000 for his interest.

Viewing & further information
Strictly via the sole selling agents:

Jonathan McManus, Partner
DM Hall llp
Email:
Mobile:

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
DM Hall, G2 on +44 141 376 9807 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DM Hall, and do not constitute property particulars. Please contact DM Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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