Commercial Shops For Sale

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							FOR SALE
LEASEHOLD BUSINESS
HOLDGATES RESTAURANT, (FISH AND CHIP SHOP)
146 SOUTH STREET, PERTH

                                                                                                         • RECENTLY
                                                                                                          REFURBISHED


                                                                                                         • ESTABLISHED
                                                                                                          BUSINESS SINCE 1901
                                                                                                          WITHIN PERTH CITY
                                                                                                          CENTRE


                                                                                                         • LEASEHOLD
                                                                                                          PREMISES


                                                                                                         • OFFERS IN REGION
                                                                                                          OF £100,000




                                                                                                          VIEWING & FURTHER
LOCATION                                                                                                  INFORMATION
Perth is situated approximately 43 miles north of Edinburgh and 61 miles north-east of Glasgow.
The city has a resident population of approximately 45,000 persons (source: Perth & Kinross               By arrangement with selling agents:
Council).
                                                                                                          J & E Shepherd
The subjects occupy a prominent location within the centre of South Street, which is a busy retail        Chartered Surveyors
trading area.                                                                                             Commercial Department
                                                                                                          5 St John Street
DESCRIPTION                                                                                               Perth, PH15SS
The subjects comprise a ground floor fish and chip takeaway and restaurant contained with a mid-
terraced, two storey and attic building of stone construction, rendered externally, and with pitched      Tel: (01738) 638 188
slate roof incorporating dormer projections at attic level.
                                                                                                          Fax: (01738) 637 542
There is a single storey extension to the rear which is of brick construction, which also incorporates    Contact
a basement area.                                                                                          Jonathan Reid BLE (Hons) MRICS
                                                                                                          j.reid@shepherd.co.uk
There is a takeaway counter contained within the front of the shop and to the rear there is a
restaurant with seating for circa. 32 covers. The restaurant was refurbished in October 2008 and          www.shepherd.co.uk
a new frying range installed 7 years ago.

In addition there is a separate storage building to the rear of the premises.
DUNDEE • ABERDEEN • AYR • COATBRIDGE • CUMBERNAULD • DUMFRIES • DUNFERMLINE • DUNDEE • EAST
KILBRIDE • EDINBURGH • FALKIRK • FRASERBURGH • GALASHIELS • GLASGOW • GREENOCK • INVERNESS •
KILMARNOCK • KIRKCALDY • LIVINGSTON • MONTROSE • MOTHERWELL • MUSSELBURGH •PAISLEY • PERTH •
PETERHEAD • SALTCOATS • ST ANDREWS

Valuation • Sales and Lettings • Acquisition • Rent Reviews • Investment • Development • Rating •
Building Surveying • Property Management




                                                                                                                              LEASE DETAILS
                                                                                                                              The subjects are held on a lease which expires in
                                                                                                                              2028. The annual rent payable is £19,000, which
                                                                                                                              was reviewed in January 2009. Reviews are 3
                                                                                                                              yearly thereafter.

                                                                                                                              Full lease details will be provided on request.

                                                                                                                              BUSINESS
                                                                                                                              This is an established business with in excess of
                                                                                                                              100 years of trading.

                                                                                                                              The business currently operates 6 days a week
                                                                                                                              (Monday-Saturday 12pm - 8.30pm). There is
                                                                                                                              scope to increase opening hours and trade 7 days
                                                                                                                              a week. The business was also recently awarded
                                                                                                                              an A Pass Food Hygine Award by Perth and Kinross
                                                                                                                              Council.

                                                                                                                              Accounting details will be provided to all
                                                                                                                              genuinely interest parties.

                                                                                                                              TERMS
                            ACCOMMODATION                                                                                     Our client is offering the business for sale at offers
                            We calculate that the gross internal floor areas                                                  in region of £100,000. All fixtures and fittings are
                            extend to the following:-                                                                         included and an inventory will be provided.


                            Ground floor                 77.89 sq.m.                  (838 sq.ft.)                            VAT
                            Basement-                    36.45 sq.m.                  (392 sq.ft.)                            Prices are quoted exclusive of VAT (if applicable).


                            SERVICES                                                                                          VIEWING/FURTHER INFORMATION
                            The subjects benefit from main supplies of water,                                                 Strictly by appointment with the sole selling
                            gas and electricity, whilst drainage is connected to                                              agents:
                            the main public sewer.
                                                                                                                              Jonathan Reid BLE Hons (MRICS)
                            RATEABLE VALUE                                                                                    E-mail: j.reid@shepherd.co.uk
                            The property has been assessed for rating
                            purposes and is entered in the Valuation Roll for                                                 J & E Shepherd
                            the current year at:                                                                              Chartered Surveyors
                                                                                                                              5 St John Street
                            Net & Rateable Value                       £16,400                                                PERTH
                                                                                                                              PH1 5SS
                            The unified business rate for the financial year
                            2009/2010 is 48.1 pence exclusive of water and                                                    Tel. No. 01738-638188
                            sewerage rates.                                                                                   Fax No. 01738-637542
                                                                                                                              Website: www.shepherd.co.uk

                                                                                                                              Publication Date: April 2009

                            J & E Shepherd for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars and plan are set out as a general outline only
                            for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and
                            necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct at the date of first issue but any intending purchasers or tenants
                            should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the
                            employment of J & E Shepherd has any authority to make or give any representation or warranty whatever in relation to this property; (iv) all prices and rentals are quoted exclusive
                            of VAT unless otherwise stated. Prospective purchasers/lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.



         J & E Shepherd, Commercial Department, 5 St John Street, Perth, PH1 5SS Tel: (01738) 638 188
                                                                w w w. s h e p h e r d . c o . u k

						
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