Summary
PROMINENT INDUSTRIAL PREMISES WITH DEVELOPMENT POTENTIAL
Location
Dundee is Scotlands fourth largest city with a resident population of approximately 150,000 and an estimated catchment of some 600,000 persons, and serves as the principal employment centre for Tayside and East Fife. Dundee commands a strategic position within Scotland with access to 90% of the countrys population within 90 minutes drive.
The subjects are located approximately 4 miles north west of Dundee city centre on Dunsinane Industrial Estate, one of Dundee’s most established industrial locations. The premises are situated adjacent to the Kingsway, the main ring road through the city, which forms part of the A90 Aberdeen and Edinburgh / Glasgow trunk road.
The premises occupy a prominent position at the western entrance to Dunsinane Industrial Estate at the junction with Coupar Angus Road. Dunsinane Avenue is the main arterial road through the estate and provides direct access to the Kingsway and motorway network beyond.
Immediately to the north east of the property is a new 65,000 sq ft Peter Vardy Car Supermarket, approximately 15,000 sq ft of modern office pavilions, and a proposed Dominos, Starbucks Drive-thru and children’s nursery.
Description
The property comprises a substantial warehouse building of brick construction with a steel frame over three bays, under a profile metal sheet roof. A more recent extension has been added of brick construction to dado height with profile metal sheet above to the walls and roof. A single storey office block wraps around the front of the premises.
The subjects are situated on a site area of approximately 4.4 acres (1.74 hectares) or thereby.
Planning
We are of the view that this property has industrial/ office/car showroom development potential. We would recommend that interested parties contact Dundee City Council Planning Department on 01382 434 000.
Accommodation
We have calculated the gross internal floor area, in accordance with the RICS Code of Measuring Practise (6th Edition), to be as follows:
Description | sq ft | sq m |
Warehouse | 7,992 | 86,027 |
Office | 819 | 8,816 |
Total | 8,741 | 94,843 |
Rateable Value
We have made informal enquiries of the Tayside Assessor and are informed that the premises are currently entered in the Valuation Roll as follows:
Warehouse: NAV/RV £XXX
Offers
Offers in excess of £XXX are invited for the outright ownership interest.
Viewing
Strictly by appointment by the sole agents.