Summary
WELL PRESENTED HIGH STREET RETAIL INVESTMENT
Location
Dundee is Scotlands fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within the Tayside region and is located on the east coast of Scotland with 90% of the countrys population within 90 minutes drive time.
The subjects are located on the East side of Lochee High Street, within the heart of the regeneration zone. Surrounding occupiers are a mixture of national and local retail traders.
Description
The subjects comprise an attractive single fronted commercial property located within the heart of Lochee.
The internal accomodation benefits from a modern fit-out incorporating suspended grid ceiling, serving counter and a staff kitchenette and WC. The frontage incorporates security shutters to the window.
The internal accomodation is well laid out for the current salon business.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) and estimate the net internal area to be as follows:-
| Floor | Size (sq ft) |
| Ground Floor | 328 sq ft |
Tenancy
The property is let to a private individual operating a salon at a rental of £5,000 per annum on a full repairing and insuring basis, expiring on the 31st November 2021.
VAT
All prices, premiums or rents are quoted exclusive of VAT which may be payable.
Legal Costs
Each party will be responsible for their own legal costs in connection with the aove transaction, with the purchaser being responsible for any Land & Building Transaction Tax and VAT liability incurred thereon in.
Viewing
Strictly by appointment by the sole agents.