The subjects comprise a standalone Industrial/Trade Counter Unit, with dedicated secure yard and car parking. The property sits on a site of 0.84
Acres, or thereby.
The subjects are predominately of brick/block construction held beneath a multi pitched roof. Internally the subjects are subdivided providing a mixture of Industrial and Office content, fitted out in connection with the
on-going business.
The property has recently undergone a programme of redecoration internally and externally.
( Agency Pilot Software Ref: 49428 )
Location
Dundee, The City of Discovery, is Scotland’s fourth largest City and is set in a stunning location at the mouth of the River Tay. Dundee commands a strategic position within the communications network of Scotland with excellent road and rail connections to other principal cities and 90% of the country’s population within 90 minutes drive. Dundee also has its own Airport providing daily scheduled flights to London. Dundee is currently undergoing a £XXX billion transformation of its Waterfront, which comprises circa 240 Hectares of development land, a new state of the art Train Station and the newly opened V&A Museum of Design.
Accommodation
Industrial/Trade Counter 836.12sq m ( 9,000sqft )
Terms
LEASE TERMS The subjects are let to Ashstead Plant Hire Company Limited ta/ Sunbelt Rentals on a lease that commenced 05/01/1998.
EPC Available upon request.
RATEABLE VALUE The subjects are entered in the Valuation Roll at a Rateable Value of 28,000. The unified Business Rate 2020/2021 is XXX excluding water and sewage rates.
PRICE We are instructed to invite offers in the region of £XXX exclusive of VAT for the property. A purchase at this level would show a NIY of 8.8%
LEGAL COSTS Each party will be responsible for their own legal costs.
Specification
• Let To Ashtead Plant Hire Company, T/A Sunbelt Rentals
• Lease Commenced 05/01/1998
• Lease Expires 04/01/2028
• Passing Rent £XXX Per Annum
• GIA 836.12 Sq M (9,000 Sq Ft) + Yard
• Site 0.84 Acres Or Thereby
• £XXX (NIY – 8.8%)