Description

*** Portfolio Sale *** of 7 Flats Ready Let £35,040 per annum. Current income £2,370pcm (142E is due to be let at £550 pcm) No ADS Payable as portfolio sale. Super Saving.

140-144 South Street comprises 2 ground floor commercial units and 5 residential properties within a mid-terraced three-storey and attic traditional stone and slate building.

146-150 South Street comprises 2 ground floor commercial units and 2 residential properties above, fully tenanted, within a traditional two-storey and attic stone and slate building.

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Gross yield: 12.5% on full occupancy income

South Street is centrally located in Perth, offering excellent access to shops, cafés, restaurants, public transport and major road networks, ideal for both commercial and residential occupiers.

142A South Street Ground floor bedsit £245 pcm 142B South Street First floor 2 bedroom flat £425 pcm 142C South Street First floor bedsit £275 pcm 142D South Street Second & attic floor 2 bedroom flat £450 pcm 142E South Street Second floor bedsit £550 pcm* 148A South Street First floor 2 bedroom flat £450 pcm 148B South Street Second & attic floor 2 bedroom flat £525 pcm Total expected gross rent £2,920 pcm *142E is due to be let following refurbishment at an expected £550 pcm. Total equates to £35,040 per annum.

Tenancy Details

Maps & Location

The subjects are situated on South Street, in a prominent and established position within Perth city centre. South Street is a key thoroughfare offering a varied mix of commercial, retail and residential properties, with a combination of independent businesses and national retailers contributing to the area's established commercial character. The properties benefit from close proximity to St John's Shopping Centre, the High Street and a wide range of local amenities, including shops, cafés, restaurants, convenience stores and professional services. This central setting provides an attractive and convenient location for both residential occupiers and commercial businesses seeking a presence in the heart of the city. The surrounding area offers an excellent range of amenities within easy walking distance, including shopping facilities, food and drink outlets, banks and other essential services. Perth's bus network provides connections to local neighbourhoods and surrounding towns, with bus stops conveniently located along South Street and the central bus station nearby. Perth Railway Station is also within walking distance, offering rail services to destinations across Scotland. For motorists, the city benefits from access to the A9 and A90/M90 road networks, providing convenient connections towards Dundee, Edinburgh, Glasgow and beyond.

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