Summary - Scott Street, Perth PH1 5EH
1 bed 1 bath Commercial Property
**Standout Features:**
- Immediate rental income with tenant in situ
- Five-year lease with annual rent of £14,000
- Exceptional rental yield exceeding 12%
- Prime location on Perth's Scott Street with high foot traffic
- Versatility for various retail or office uses
- Mixed-use urban setting with vibrant local amenities
**Potential Concerns:**
- Mortgage lending may be challenging due to short lease length
- Broadband speeds are notably slow
- Area has socio-economic challenges (high deprivation)
Unlock an excellent investment opportunity in this thriving commercial property located on Scott Street, Perth. Currently tenanted by a successful tabletop games and memorabilia store, this retail unit boasts a generous 1105 sq. ft. layout with a main retail area, gaming section, storage, kitchen, and WC. With a solid five-year lease and an attractive passing rent, this property generates an impressive rental yield of over 12%, ensuring day-one income and a high return on investment.
The bustling central location offers excellent exposure and foot traffic, complemented by a wealth of local amenities including shops, restaurants, and leisure facilities. Although potential buyers should note challenges with mortgage lending due to the remaining lease term and slow broadband speeds, this property represents a rare chance to secure a well-established retail unit in a desirable urban community. Early viewing is highly advised as properties with such strong rental prospects are in high demand and may not last long on the market.
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