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  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image
  • Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT Image

Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT

For Sale

  • Tenure

    For Sale

  • Type

    Investment

  • Price

    Offers in Excess Of £1,400,000

  • Size

    10,744 Sq Ft

  • Ref No

    18250

Property Highlights

  • 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.

Overview

The property comprises a highly impressive traditional three storey corner building providing extensive frontage onto both King Edward Street and St John's Place.