Summary
ADAPTABLE COMMERCIAL SPACE
STARTING RENT IN FIRST YEAR OF 4,000 EX VAT
Location
The premises are located approximately one mile to the north of Dundee city centre on the south side of Tannadice Street, close to its junction with North Isla Street.
The subjects are in close proximity to the adjacent Tannadice Park and Dens Park, and the surrounding mix of property is predominantly industrial and residential.
Description
A converted Mill complex, the premises provide a range of flexible industrial units from 1,200 sq ft to 11,394 sq ft.
Unit 1 provides adaptable first floor commercial space with timber floor and carpet tiled finish, plasterboard walls, suspended grid ceilings incorporating florescent strip lighting, a gas central heating system and excellent natural light.
The subjects are currently fitted out as an office but may be suitable for a variety of uses, subject to the appropriate planning consents being obtained.
Accommodation
We have calculated the gross internal area of the subjects to be as follows:-
Unit No. | Sq.m. | Sq.ft. |
Unit 1 | 255 | 2,745 |
Rent
Starting rent from £XXX per annum exclusive of VAT.
Rating
The subjects are currently entered in the Valuation Roll with a Rateable Value as follows:-
NAV/RV — £XXX
The uniform business rate for commercial premises is currently 48 pence in the pound for the Financial Year 2017/2018.
Qualifying occupiers may benefit from 100% rates relief.
VAT
Unless otherwise stated all prices, premiums and rents are quoted exclusive of VAT.
Legal Costs
Each party is responsible for their own legal costs in connection with the above transaction, the tenant being responsible for any LBTT and VAT liability incurred thereon.
Entry
The subjects are avaialble for immediate occupation.