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24 St. John St 350 SF 100% Leased Retail Building Perth PH1 5SR $300,304 ($858.01/SF)
INVESTMENT HIGHLIGHTS
- Sizeable city centre retail unit.
- Current flexible Licence agreement (mutual breaks).
- 350 sq.m (3767 sqft).
- Possible alternative uses (STC).
- Curently income producing.
- 6 monthly running break options.
- Guide price £225,000.
EXECUTIVE SUMMARY
The subjects comprise a substantial ground floor retail unit contained in a traditional 4 storey stone and slate tenement with attractive timber and glazed retail frontage. The subjects provide large open plan retail areas, with additional back shop/ancillary areas comprising stores, staff and toilets. The subjects would suit continuation of the existing retail use or alternatively, subject to a change of use may be suitable for restaurant, coffee shop etc. These are all established uses within the parade
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
350 SF
Building Class
C
Year Built
1900
Price
$300,304
Price Per SF
$858.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
28’ on Saint John Street
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24 St. John St
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