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The Atrium 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 FOR SALE / TO LET 137 Glover Street, Perth, PH2 0JB

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Page 1: The Atrium - Fastly

The Atrium

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

FOR SALE /TO LET

137 Glover Street, Perth, PH2 0JB

Page 2: The Atrium - Fastly

2THE ATR IUM , PERTH

LocationThe 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.

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.

DescriptionThe 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.

ST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCH

CA

LED

ON

IAN

RO

AD

HIGH STREET

CHARLOTTE STREET

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MARSHALL PLACE

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AN

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VER ST

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NAR

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TREE

T

ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

ST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCH

CA

LED

ON

IAN

RO

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HIGH STREET

CHARLOTTE STREET

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MARSHALL PLACE

ELIB

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VER ST

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T

ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREET

WEST BRIDGE STREET

ST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

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HIGH STREET

CHARLOTTE STREET

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KIN

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VER ST

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D S

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ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREETST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OAD

HIGH STREET

CHARLOTTE STREET

PPPP

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KIN

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GLO

VER ST

LEO

NAR

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TREE

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ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREETST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OAD

HIGH STREET

CHARLOTTE STREET

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PP

PP

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KIN

G S

TREE

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MARSHALL PLACE

ELIB

AN

K ST

GLO

VER ST

LEO

NAR

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TREE

T

ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREETST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OAD

HIGH STREET

CHARLOTTE STREET

PPPP

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PP

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KIN

G S

TREE

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MARSHALL PLACE

ELIB

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GLO

VER ST

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NAR

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TREE

T

ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREETST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OAD

HIGH STREET

CHARLOTTE STREET

PPPP

PP

PP

PP

PP

PP

PP

PP

PP

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PP

PP

KIN

G S

TREE

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MARSHALL PLACE

ELIB

AN

K ST

GLO

VER ST

LEO

NAR

D S

TREE

T

ST JOHNSSHOPPINGCENTRE

CITY HALL

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREETST CATHERINES RETAIL PARK

GLASGOW ROAD

WH

ITEFRIARS C

RES

SOUTH STREET

CITY CENTRE

BUS STATION

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OAD

HIGH STREET

CHARLOTTE STREET

PPPP

PP

PP

PP

PP

PP

PP

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KIN

G S

TREE

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MARSHALL PLACE

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AN

K ST

GLO

VER ST

LEO

NAR

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TREE

T

ST JOHNSSHOPPINGCENTRE

PERTH THEATRE

POLICEHQ ATHOLL STREET

ICE RINK

LEISUREPOOL

TAY STREET

GLASGOW ROAD

WH

ITE

FR

IAR

S C

RE

S

SOUTH STREET

CITY CENTRE

SOUTH INCH

NORTH INCHC

ALE

DO

NIA

N R

OA

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HIGH STREET

CHARLOTTE STREET

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MARSHALL PLACE

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RD

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ATHOLL STREETTA

Y STR

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GLASGOW ROAD

WH

ITE

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RE

S

SOUTH STREET

CITY CENTRE

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NORTH INCH

CA

LED

ON

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HIGH STREET

CHARLOTTE STREET

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Perth Key1. St John’s Shopping Centre

2. Whitefriers Business Park

3. Perth Bus Station

4. Perth Train Station

5. St Catherine’s Retail Park

43

M90

Edinburgh& South

Glasgow& Stirling

Inverness& North

Dundee & Aberdeen

A90A9

A85

A93

A93

A94A9

1

2

5

The Atrium

Page 3: The Atrium - Fastly

3THE ATR IUM , PERTH

AccommodationWe 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

TOTAL 1,568 16,877

The subjects may be available to let in part or whole.

Further information in this regard available from the Joint Letting Agents.

Town PlanningWe 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.

E(--)01

LOCATION AND BLOCK PLAN ASEXISTING

JULY '141:1250/1:500 M.S.

PROPOSED CONVERSION OFEXISTING OFFICES TORESIDENTAIL FLATS ANDNEWBUILD FLATS137 GLOVER STREET, PERTH

ARAKIN LTD.Q008

project

scaledrawing

client

date

drg no

job no

drawn by

checked by date

rev.

rev

NORTH

LOCATION PLANSCALE 1:1250

NORTH

BLOCK PLANSCALE 1:500

29.08.14 scale bars added & scale disclaimeromitted at Planning request

A

A

Site plan

Page 4: The Atrium - Fastly

4THE ATR IUM , PERTH

TermsThe 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.

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

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

Energy Performance CertificateAvailable upon request.

VATFor 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.

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

Further Viewing InformationStrictly by appointment through Sole Joint Agents:

Garth Davison01738 [email protected]

John Britton0141 314 3701 / 07786 [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.