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10-12 John St 1,755 SF Retail Condo Unit Offered at $253,590 in Perth PH1 5SP
INVESTMENT HIGHLIGHTS
- Mixed Commercial & Residential Investment
- 1 x Café Unit - Income £15,800 per annum.
- City Centre Location
- 4 x Residential Flats - Income £19,080 per annum
EXECUTIVE SUMMARY
The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. In 2012, Perth was awarded city status. The historic setting attracts a large influx of tourism and offers a number of events throughout the year whilst the city centre boasts a mix of both independent and national retailers. The subjects as situated on the east side of St. John Street, a popular mixed use location a short distance from High Street. The subjects comprise 1 x commercial unit laid out over ground and basement levels with 4 x residential flats above.
PROPERTY FACTS
| Total Building Size | 1,755 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 351 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1950 |
| Building Class | B | Lot Size | 0.03 AC |
| Total Building Size | 1,755 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 351 SF |
| Year Built | 1950 |
| Lot Size | 0.03 AC |
AMENITIES
- Security System
- Storage Space
1 UNIT AVAILABLE
Unit 10/12
| Unit Size | 1,755 SF | Condo Use | Retail |
| Price | $253,590 | Sale Type | Investment |
| Price Per SF | $144.50 | Tenure | Freehold |
| Unit Size | 1,755 SF |
| Price | $253,590 |
| Price Per SF | $144.50 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
10/12 St John Street - The café at ground floor trades as Food & Thing Limited and is well presented and modern Circa 164 sq. ft (1,755 sq.ft) approx.
SALE NOTES
The subjects are available For Sale together or as separate lots as follows;
10/12 St John Street – Offers in the region of £190,000
Flats 14a,b,e,f St John Street – Offers in the region of £255,000 (this represents a 10% discount from total Market Value)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Food & Things |
1,755 SF
|
January 2033
|
NEARBY MAJOR RETAILERS
Presented by
10-12 John St
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