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Deadline for Offers

25 June 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 66-68 High Street, Unit B, Blairgowrie, Perthshire, PH10 6DF

Prominent High Street commercial unit let to Original Factory Shop Ltd on FRI LEASE - immediate rental income of 26,911.95 Per Annum. Substantial unit extends to approx. 8,181sq ft (760sqm).

Let to Original Factory Shop Ltd on FRI LEASE until July 2025. Passing Rent: 26,911.95p.a. (Rebased from 41,403p.a.) Perfect Commercial Investment***

PRIME SPOT on busy HIGH STREET. Town centre location with excellent multi-window frontage. EXTREMELY PROMINENT POSITION within High Footfall commercial/retail location.

EXTREMELY HIGH DEMAND LOCATION CLOSE TO A NUMBER OF NATIONAL RETAILERS within thriving town centre. IDEAL CITY CENTRE POSITION.

Perfect trading position within popular town centre location. Nearby occupiers include T.S.B Bank, Perth St Post Office, R. Doig & Sons and Bank of Scotland.

Prominent High Street commercial unit let to Original Factory Shop Ltd on FRI LEASE - immediate rental income of 26,911.95 Per Annum. Substantial unit extends to approx. 8,181sq ft (760sqm). Excellent Commercial Investment Property within the Town of Blairgowrie in Perthshire. The property comprises a substantial corner commercial unit of traditional construction surmounted by a pitched roof with large extension surmounted by a flat roof. The rear of the demise is accessible externally via the common lane offering ample loading and unloading space. Offering a multi-window display frontage, the property is accessed via a double door entrance leading to an open plan retail area. Internally the space has been decorated in accordance with the tenants corporate specifications, floors have been overlaid in laminated timber, with lighting provided by way of fluorescent and L.E.D. panels recessed within the suspended acoustic tile ceiling. Heating and cooling is provided by way of air conditioning units mounted along the perimeter walls. To the rear of the demise, partitions have been erected to form large storage and loading area, staff tea prep and manager office. EXTREMELY HIGH DEMAND LOCATION CLOSE TO A NUMBER OF NATIONAL RETAILERS within thriving town centre. IDEAL CITY CENTRE POSITION. The property is situated on the south side of High Street, at its junction with Perth Street within the town centre of Blairgowrie in Perthshire. PRIME SPOT on busy HIGH STREET. Town centre location with excellent multi-window frontage. EXTREMELY PROMINENT POSITION within High Footfall commercial/retail location.

Blairgowrie is an affluent rural town located 19 miles north- west of Dundee. The property is located in the heart of the town centre on High Street. Nearby occupiers include T.S.B Bank, Perth St Post Office, R. Doig & Sons and Bank of Scotland. The country town of Blairgowrie is conveniently situated within approximately 25 minutes by car of both the cities of Perth and Dundee with their onward rail and motorway connections. Amenities in the town include shops, supermarkets, senior and primary schools, recreation centre with swimming pool, cottage hospital, health centres, dental surgery and library.

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until 11th July 2025
Rent: 26,912 per year / 2,243 per month
Yield: 10% (approx)
Tenant: Company
Notes: Tenant: Original Factory Shop Ltd Term: 12th July 2010 - 11th July 2025 Tenant Break: July 2021 Passing Rent: 26,911.95p.a. (Rebased from 41,403p.a.)

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Location

Pricing Information & Bidding

Guide Price: £260,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 25 June 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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