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Just added
Offers over
£1,400,000
(£130.31/sq. ft)
Property for sale
Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland PH110,744 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Kinnoull Primary School 0.3 miles
- Perth 0.5 miles
- St Ninian's Episcopal Primary School 0.6 miles
- Kinross Ferry Landing 13.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Perth to find out more about the local area.
Features and description
- Highly prominent corner position within the vibrant heart of Perth, opposite Perth Museum and within the Café Quarter.
- Superb city centre building suitable for a variety of alternative uses (subject to planning).
- 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.
- Regional HQ. Critical customer service hub and training facility for the ne Scotland region.
- 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%.
- Capital rate of c. £155 per sq ft.
The property comprises a highly impressive traditional three storey corner building providing extensive frontage onto both King Edward Street and St John's Place.
More information
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