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10 - 16 King Edward Street, Perth, PH1 5UT
For Sale
Property Summary
For Sale. Prime City Centre Investment Opportunity. Highly prominent corner position within the vibrant heart of Perth, opposite Perth Museum and within the Cafe Quarter. Superb city centre building suitable for a variety of alternative uses (subject to planning). Building extending to a total NIA of approximately 8,996 sq ft over three floors. Full repairing and insuring lease with no Schedule of Condition. Let to Bank of Scotland PLC (5A1 D&B Rating) expiring in December 2029 - providing over 4.5 years term certain. Tenant has been in occupation for over 20 years. Low current passing rent of £130,000 per annum. Inviting offers in excess of £1,400,000 (exclusive of VAT). Attractive net initial yield 8.76%.
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