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24 Watergate 1,055 SF Retail Condo Unit Offered at $87,723 in Perth PH1 5TF
Investment Highlights
- Prime City Centre Location
- Redevelopment Potential
- Affordable Class 1A Unit:
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. Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow lying at the hub of Central Scotland’s road network. More precisely, the subjects are situated on the east side of Watergate, a thoroughfare running north to south linking High Street and South Street. Surrounding and neighbouring properties are mixed commercial and residential in their nature.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
The subjects comprise a ground floor retail/commercial unit contained mainly within a mid terraced traditionally constructed building with single storey rear projection. Access to the property is directly off Watergate and via a pedestrian entrance door. Accommodation is reasonably regular in configuration and laid out in a cellular nature, currently as a showroom with offices and staff facilities. Whilst the subjects have the benefit of a Class 1a consent they may suit redevelopment, to residential, subject to the required consents.
Sale Notes
The subjects are available For Sale with the benefit of Vacant Possession. Offers over £65,000 are invited.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 24 | 1,055 SF | Retail | $87,723 ($83.15/SF) | - |
Unit 24
| Unit Size |
| 1,055 SF |
| Condo Use |
| Retail |
| Price |
| $87,723 ($83.15/SF) |
| NOI |
| - |
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Unit 24
| Unit Size | 1,055 SF |
| Condo Use | Retail |
| Price | $87,723 ($83.15/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| The subjects comprise a ground floor retail/commercial unit contained mainly within a mid terraced traditionally constructed building with single storey rear projection. Access to the property is directly off Watergate and via a pedestrian entrance door. Accommodation is reasonably regular in configuration and laid out in a cellular nature, currently as a showroom with offices and staff facilities. Whilst the subjects have the benefit of a Class 1a consent they may suit redevelopment, to residential, subject to the required consents.</li></ul> | |
| Sale Notes | |
| The subjects are available For Sale with the benefit of Vacant Possession. Offers over £65,000 are invited.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,055 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,055 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1920 |
| Building Class | C | Lot Size | 0.03 AC |
| Total Building Size | 1,055 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 1,055 SF |
| Year Built | 1920 |
| Lot Size | 0.03 AC |
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24 Watergate
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