For Sale By Auction | 14:00, 29 November 2018

14-16, Reform Street, Blairgowrie, PH10 6BD

*Guide | £45,000+ (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

Commercial retail unit

This double fronted retail unit enjoys prominent position in the centre of the Perthshire town of Blairgowrie. The property has a total floor area of approx 67 sq. metres (720 sq. feet) and comprises sales area, kitchen, staff WC and rear store. The property previously traded as a farm shop, offering a variety of local produce, but would be equally suitable for a number of different retail uses. Blairgowrie offers a good mix of national and independent retailers and the keenly positioned guide price offers an exciting opportunity to create a new start up retail business. The current rateable value of £2,800 would potentially qualify for rates relief under the small business bonus scheme. There is currently a vending machine installed within one of the main window spaces and attention should be paid to special conditions within the legal pack for clarification in this regard.

Tenure

Freehold

Prominent town centre location

Strong tourist demand

Parking to front and rear

Rental comparables suggest a potential rental yield of over 12%

Ideal start up retail opportunity

Area

The rural town of Blairgowrie offers the best of both worlds, nestled within idyllic countryside but with Perth and Dundee also within easy reach. The main A9 route is just 12 miles away offering access both north and south, with regular bus services serving nearby towns. Blairgowrie draws good tourist trade and the town supports a variety of local and national retailers as well as cafes, pubs, restaurants and other leisure facilities and the surrounding countryside offers a wide range of outdoor pursuits too.

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.