Deadline for Offers

30 September 2021, 3pm

Bidding Closes in

Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  Penny Lane Shopping Centre, Church Street, Crieff, PH7 3AR

EXCELLENT COMMERCIAL Property for sale in the sought after location of Crieff, Perthshire. Excellent Potential to redevelop (subject to consents) Or to let out with potential rental of in excess of 100,000 per annum if fully let.

****Property WAS Sold for 600,000 April 2010. **** Discounted to ensure Auction Sale. Early offers will be considered. Potential residential development for 6 townhouses and 21 flats subject to to researching and gaining the necessary consents.)

Properties benefits from 31 space car park and has capacity for 7-10 commercial units internally. Estimated rental value when fully occupied would be 100,000 - 120,000 per annum.

Super potential for residential development (subject to to researching and gaining the necessary consents.) The total site area extends to approximately 37,168 sq feet (3453 sq.m.)

LARGE SITE WITH ENDLESS POTENTIAL. The total gross floor area extends to approximately 1,450 sq. m. (15,600 sq. ft.) or thereby. Sure to appeal to a shrewd investor looking for a superb opportunity.

EXCELLENT COMMERCIAL Property for sale in the sought after location of Crieff, Perthshire. Excellent Potential to redevelop (subject to consents) Or to let out with potential rental of in excess of 100,000 per annum if fully let. This property has vast potential and could be used for variety of uses including retail, warehouse, storage etc. Properties benefits from 31 space car park and has capacity for 7-10 commercial units internally. Estimated rental value when fully occupied would be 100,000 - 120,000 per annum. LARGE SITE WITH ENDLESS POTENTIAL. The total gross floor area extends to approximately 1,450 sq. m. (15,600 sq. ft.) or thereby. Sure to appeal to a shrewd investor looking for a superb opportunity. Super potential for residential development (subject to to researching and gaining the necessary consents.) The total site area extends to approximately 37,168 sq feet (3453 sq.m.) The seller has made some rough sketches on potential for residential development for 6 townhouses and 21 flats. Please note that no planning applications has been submitted and all planning enquiries must be directed to the local council. Should planning permission be granted the development has an estimated GDV of 3,000,000 to 3,500,000. ( all consents would have to be researched and gained)

Crieff is located on the A85 the principal route to the west of Perth. The towns of Perth and Stirling are 17 and 23 miles respectively. Crieff has a resident population of approximately 7,000 and provides a range of local services including medical, banking and shop facilities together with both primary and secondary schools. In addition to serving its residents and the adjoining catchment Crieff is a popular destination for tourists. The property is situated on the east side of Church Street accessed from both Church Street and Pittenzie Street a short distance from the main central thoroughfare. Surrounding properties are predominantly in residential use.

Show More

Video Tour

Document Downloads

LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Guide Price: £350,000


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.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

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: 30 September 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 248
£85,000 GUIDE PRICE
  • Former Night Club with Excellent Devlepoment Potential Located in the Popular Market Town...
Lot 109
£250,000 GUIDE PRICE
  • PRIME HOT FOOD INVESTMENT. Tenanted take away in the heart of Dundee with settled tenant ...
Lot 194
£130,000 GUIDE PRICE
  • PRIME HIGH STREET Public House located on the Ground floor - LET at 15,000 PER ANNUM ***...