A once thriving city centre store, which was part of the McEwens of Perth empire, has gone on the market with a £400,000 price tag.
The old McEwens at Home annex on Watergate has stood empty since its owners went into administration in March last year with the loss of more than 100 jobs.
The building, a redundant newspaper printworks, was bought by the independent retail institution in 2000. It became one of the Fair City’s main destinations for cookware, linens and soft furnishings.
The Loch Leven’s Larder cafe was opened at the site in 2013.
The 12,350 sq ft property is being marketed as a “potential development opportunity” by sellers J&E Shepherd and Strutt and Parker.
Agents are looking for sale offers of around £400,000, but the property could also be leased with rent in the region of £32,000 per year.
A spokesman for the joint selling/letting agents said: “The subjects comprise substantial retail premises suitable for a variety of uses.
“The accommodation is ready for immediate occupation and use.”
The site, which is across the street from the main McEwens building, is next to a car parking operated by private firm Smart Parking.
Meanwhile, the original McEwens department store, on St John Street, is still on the market six months after For Sale signs went up.
Local traders have expressed concerns that the unit could be sold for housing.
Award-winning fashion firm Joules has been in talks about taking over the property.
It is understood a plan is being worked out to use the ground floor of the building for retail and create flats on upper levels.
A spokeswoman for Joules has declined to comment.
Edinburgh-based sellers CBRE has not revealed an asking price for the 43,000 sq ft building.
A smaller outlet on South Street and the Water Vennel car park are also included in the sale.
The sudden closure of McEwens left the local business community badly shaken and prompted calls for change, including a review of parking and pedestrian zones.
