The property forms a development site broadly rectangular in shape with the benefit of an extensive frontage to the A9 and the Inveralmond Roundabout. The site is currently accessed from The Triangle, to the east of the site, which leads directly from the A912 Dunkeld Road.
The site is held on a lease for a term of 125 years with effect from 11 June 2018 at an initial ground rent of £60,000 per annum, subject to 5 yearly rent reviews.
Location
The property lies in a prominent position adjacent to and overlooking the A9 Inveralmond Roundabout to the north of Perth City centre. Perth is located in a strategic position at the heart of Scotland connecting the A9 with the M90 motorway. Opposite is the Inveralmond Industrial Estate and Retail Park, which include Aldi, Costa, M&S Foodhall and Tiso.
North Perth, and in particular Dunkeld Road, is synonymous with motor retailing and nearby occupiers include Arnold Clark, Kia and Mercedes Benz dealerships directly opposite, with Grassicks BMW & Mini, Pentland Land Rover and Perth Honda to the south. Occupiers further south on Dunkeld Road include Parks Ford, Perth Audi and Peter Vardy Vauxhall, amongst others.
In addition, a new Arnold Clark Motor Store has recently been constructed immediately to the north of the subject site, whilst a Starbucks drive-thru has opened to the south.