* Feudal
**Key Points**
* Let to Power Leisure Bookmakers Ltd t/a Paddy Power | Credit Safe "A" Rating
* Shareholders funds of £1, 614, 087, 000
* Lease expiry in September 2029
* Tenant did not exercise their break in 2022 demonstrating commitment to the site
* Passing rent of £22, 500 pa - Open Market Rent Review in 2024
* Tenant break in September 2026 with 6 month penalty if exercised
* Full Fri lease, no schedule of condition
* Offers over £240, 000 = niy 9. 18%
**Description**
Mid - terraced ground floor retail premises forming part of a larger blonde
sandstone building where the upper floors are in residential use.
Externally benefits from aluminium framed shopfront with adjacent pedestrian
access door.
Internally provides open plan accommodation with public front area complete
with staff / customer toilets and kitchen tea prep to the rear.
**Location**
Located within the city of Perth with a catchment population in excess of
120, 900 people.
More specifically the subject property is located within the heart of Perth
city centre on the west side of South Methven Street between its junctions
with High Street and Mill Street.
South Methven Street is a busy local pitch where neighbouring occupiers
include Johnsons The Cleaners, Perth Dental Care, Pizza Express and Marians of
Perth Ladies Clothing.

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