FOR SALE/ TO LET - Realla

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The Atrium

137 Glover Street, Perth, PH2 0JB

FOR SALE / TO LET

OFFICE ACCOMMODATION 16,877 SQ FT (1,568 SQM) – Available as a whole or in part 114 CAR PARKING SPACES

SITE – Approximately 1.16 ACRES DEVELOPMENT OPPORTUNITY – Residential Consent

Location

Description

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, which is Scotland’s newest city, 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 motorway network. As such the City benefits from its strategic location with excellent rail and bus services to all of the major cities throughout Scotland and the UK.

The subjects comprise a stand alone two storey substantial office building occupying a prominent corner site of circa 1.16 Acres. The subjects benefit from extensive car parking facilities, offering 114 on-site spaces in total.

More precisely, the subjects are located on Glover Street a short distance from its junction with Glasgow Road (A93) on the western edge of Perth City Centre. Perth Railway Station is a short walk away as is the vibrant City Centre providing shopping and restaurant facilities, whilst the St Catherine’s Retail Park is a short drive away. Surrounding operators are mixed commercial, leisure and residential and the premises are situated directly opposite Perth Leisure Pool.

Inverness & North NORTH INCH

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CALEDONIAN RO AD

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T H E AT R I U M , P E R T H

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ATHOLL STREET

ST CATHERINES CATHERINES ST ST CATHERINES RETAIL PARK RETAIL PARK RETAIL PARK

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2. Whitefriers Business Park 3. Perth Bus Station 4. Perth Train Station 5. St Catherine’s Retail Park 2

Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice 6th edition and calculate the follow Net Internal Areas as follows: Floor

sqm

sq ft

Ground Floor

828

8,912

First Floor

740

7,965

1,568

16,877

TOTAL

The subjects may be available to let in part or whole. Further information in this regard available from the Joint Letting Agents.

Town Planning

Site plan

We understand the subjects benefit from a Class 2 planning consent but may be suitable for other uses or redevelopment subject to planning. The subjects benefit from residential consent (in principle) and all interested parties should make their own enquires in this regard. Planning Reference No. 14/01484/IPL.

BLOCK PLAN SCALE 1:500

T H E AT R I U M , P E R T H client NORTH

ARAKIN LTD.

project PROPOSED CONVERSION OF EXISTING OFFICES TO RESIDENTAIL FLATS AND NEWBUILD FLATS 137 GLOVER STREET, PERTH

rev.

job no

29.08.14 scale bars added & scale disclaimer omitted at Planning request

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Q008

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Terms

Legal Costs

The property is available to let as a whole or in part on a new FRI lease for a term to be negotiated. Further details in respect of quoting terms are available upon request from the joint agents.

The ingoing tenant/purchaser will be responsible for their own legal costs, together with any Stamp Duty Land Taxes, Registration Dues and any VAT thereon.

Alternatively the subjects may be available for sale with offers invited for our client’s heritable interest.

Rateable Value

Further Viewing Information

According to the Scottish Assessors Association the subjects have a Rateable Value of £152,200 per annum. Unified Business Rate 2015/2016 is £0.493.

Strictly by appointment through Sole Joint Agents:

Energy Performance Certificate

Garth Davison 01738 445733 [email protected]

Available upon request.

VAT For the avoidance of doubt, all figures are quoted exclusive of VAT unless otherwise stated. Any prospective purchaser should satisfy themselves independently as to the incidence of VAT involved in any transaction.

John Britton 0141 314 3701 / 07786 075943 [email protected]

Important: These particulars do not form part of any contract. The letting agents, nor any of their partners, directors, employees or agents are authorised to give or make any warranty or representation on behalf of any party. Whilst information and particulars are given in good faith, intended purchasers or tenants must satisfy themselves independently as to the accuracy of all matters on which they intend to rely. All negotiations are subject to contract.

T H E AT R I U M , P E R T H

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