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East Port House, 67 King Street, Dundee, DD1 2JY

21,600 Sq Ft / Other

For Sale - £700,000.00

Available - Last updated: 12 April 2024

Key Points

  • Freehold
  • Close to Dundee Waterfront
  • Adjacent new 102 bed Hotel Indigo
  • Within Dundee City Centre
  • Close to main retailing centre
  • Excellent development opportunity
  • Approx. 500m from proposed Eden Project

  • Description

    The subjects comprise a two storey and attic former mill building of stone wall construction under a pitched and slated roof with dormer windows to the front.

    We understand the premises were originally built in 1830, but later converted to offices in circa 1913. As such, it includes a number of ornate features both internally and externally including three arched entrances from King Street and stone parapets. The building is currently Category B Listed, as being of special architectural and historical merit.

    Internally, the premises have been refurbished in recent years to provide modern office accommodation at ground floor level, and secure residential / hostel accommodation and first and attic floor level.


    Location

    The premises are situated to the south side of King Street, a short distance east from its junction with East Marketgait, approximately half a mile north-east of Dundee city centre.

    The surrounding area is undergoing a £1 billion upgrade to transform the city into a world leading waterfront destination for visitors and businesses. The Victoria & Albert Museum, Caird Hall, Dundee Science Museum, City Quay Water Sports Centre, Olympia Leisure Centre, Slessor Gardens and the
    proposed Eden Project are all within 10 minutes walk. The new railway station, bus station, Overgate and Wellgate Shopping Centres, Gallagher Retail Park and two Universities - both Dundee and Abertay - are also in close proximity.


    Terms

    The heritable interest in the subject premises is available to purchase.


    Viewing

    Westport Property will be pleased to arrange and accompany all viewing requests.


    VAT

    All prices, premiums and rents are quoted exclusive of VAT which may be payable.


    Accommodation

    We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-

    2,006 sq m (21,600 sq ft)


    Business Rates

    The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-

    RV / NAV - £71,600


    Legal Costs

    Each party will be responsible for their own legal costs in connection with the above transaction with the tenant being responsible for any stamp duty and VAT liability incurred thereon in.


    Energy Performance Certificate

    Available on request.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £700,000.00 NA

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    Contact agents

    Adam Hutcheson

    Westport Property

    01382 604055

    Fergus McDonald

    Westport Property

    01382 604237

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