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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

Prominent High Street commercial units with a combined RENTAL INCOME OF £41,192 PER ANNUM. Town centre location with excellent multi-window frontage.

PRIME SPOT on busy HIGH STREET. 68 High Street - LET to Original Factory Shop Ltd on FRI LEASE until 11th July 2026 Passing rent £26,192 PER ANNUM.

66 High Street - let to Sense Scotland on FRI LEASE until 23rd October 2025 at £15,000 PER ANNUM.

PROMINENT POSITION within High Footfall location. Situated on the south side of High Street, at its junction with Perth Street within the town centre of Blairgowrie in Perthshire.

EXTREMELY HIGH DEMAND LOCATION CLOSE TO A NUMBER OF NATIONAL RETAILERS within thriving town centre. IDEAL CITY CENTRE POSITION.

68 High Street, Blairgowrie Ground Floor: 714.69sqm (7,693sq ft) 66 High Street, Blairgowrie Ground Floor: 630.34sqm (6,785sq ft) Basement: 150.96sqm (1,625sq ft) Total: 1,495.99sqm (16,103sq ft). 68 High Street, Blairgowrie Tenant: Original Factory Shop Ltd Expiry: 11th July 2026 Tenant Break: 21st July 2024 (Not exercised) Passing Rent: £26,192p.a. Further: For the year ending 27th March 2022, The Factory Shop Limited reported a turnover of £124,409,000, a pre-tax profit of £1,460,000, shareholders’ funds of £14,351,000 and a net worth of £14,351,000. 66 High Street, Blairgowrie Tenant: Sense Scotland Expiry: 23rd October 2025 Passing Rent: £15,000p.a. Further: Sense Scotland is a Scottish charity and specialised social care provider supporting people with communication support needs associated with complex and sensory disabilities, and their families The property comprises a substantial corner commercial unit of traditional construction surmounted by a pitched roof with large extension surmounted by a flat roof. The rear of the demise is accessible externally via the common lane offering ample loading and unloading space. Offering a multi-window display frontage, the property is accessed via a double door entrance leading to an open plan retail area. Internally the space has been decorated in accordance with the tenants corporate specifications, floors have been overlaid in laminated timber, with lighting provided by way of fluorescent and L.E.D. panels recessed within the suspended acoustic tile ceiling. Heating and cooling is provided by way of air conditioning units mounted along the perimeter walls. To the rear of the demise, partitions have been erected to form large storage and loading area, staff tea prep and manager office.

Blairgowrie is an affluent rural town located 19 miles north- west of Dundee. The property is located in the heart of the town centre on High Street. Nearby occupiers include T.S.B Bank, Perth St Post Office, R. Doig & Sons and Bank of Scotland. The country town of Blairgowrie is conveniently situated within approximately 25 minutes by car of both the cities of Perth and Dundee with their onward rail and motorway connections. Amenities in the town include shops, supermarkets, senior and primary schools, recreation centre with swimming pool, cottage hospital, health centres, dental surgery and library.

Full Address: 66-68 High Street, Blairgowrie, PH10 6DA

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £41,192 per year / £3,433 per month
Yield: 12% (approx)
Tenant: Company
Notes:

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Pricing Information & Bidding

Opening Bid: £347,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £385,000

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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