11 Barossa Street, Perth, Perth and Kinross, PH1 5NR

  • Unconditional Online Auction Sale
  • Guide Price* : £33,000

FOR SALE BY ONLINE AUCTION THURSDAY 25TH JULY AT 9.00AM. City Centre full 2 storey building with fantastic redevelopment potential. Circa 1000 Sq ft. Ideal Residential Development (STP).

Description

***GREAT OPPORTUNITY*** To acquire a FULL City Centre 2 storey building with fantastic redevelopment potential*** Super Size: Circa 1000 Sq ft over 2 Floors*** The property
requires full refurbishment but would make an ideal Residential Development (STP)***

• This property is a former Labour Party Office Building***UNIQUE CITY CENTRE LOCATION*** Would be perfect for a purpose Built Short Stay / Airbnb Holiday Let Development*** HUGE TOURIST DEMAND IN LOCATION***

• ***48 Barossa Street Sold £116,500 (Nov 23)**40 Barossa Street Sold £170k (Mar 22)** 36 Barossa Street Sold £95k (Nov 21)** 26 Barossa Street Sold £185k (Feb 20)*** HIGH VALUE SOUGHT AFTER LOCATION

• This rarely available property could potentially offer Lucrative returns if redeveloped (subject to planning)*** A Redeveloped luxury House or 2 x flats is envisaged*** Ideal location for purpose built Airbnb development

• The city of Perth is the Administration capital for the Region of Perth & Kinross***With a population in excess of 46,000 people this is densely populated central Scottish Location and is located in the heart of Scotland with excellent transport links to Glasgow, Edinburgh, Dundee & Aberdeen. The subjects comprise a two storey building of traditional stone and slate construction, most
recently utilised as the meeting place of the Perth Labour Party. The meeting rooms are laid out over ground and first floors with the benefit of kitchen and WC facilities. The subjects would suit
redevelopment for a variety of commercial uses or residential development, subject to planning*** ***The city is a sought after destination with a number of centrally located cultural amenities including: Bran New Perth Museum (re opened 2024), Perth Art Gallery, Perth Theatre & Concert Hall, River Tay Public Art Trail, Perth Playhouse, North Inch Parkland Nearby**Perth is located in the
heart of central Scotland suited on the banks of the River Tay. The 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 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 road network. In 2012, Perth was awarded city status making it Scotland’s newest city. The historic setting attracts a large influx of tourism and offers a number of events throughout***MASSIVE POTENTIAL POST RE PURPOSING***Potential for Strong Re Sale / Tenant Demand for subjects and is an ideal potential investment Opportunity***This property is located within a popular district within Perth City centre hosting a number of local amenities*** Opportunity to Purchase potentially Lucrative property opportunity***Likely to attract Substantial Interest from Developers & Investors***

GUIDE PRICE: £33,000

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Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Key Feature 1

Rarely available FULL 2 story building

Key Feature 2

UNIQUE CITY CENTRE LOCATION WITH HUGE TOURIST DEMAND IN LOCATION

Key Feature 3

Huge redevelopment opportunity for a purpose Built Short Stay / Airbnb Holiday Let

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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