The property comprises an existing car showroom and repair facility situated on a site area of 0.8 acres. The property benefits from having separate entrance and exit roads, with plenty of room to the front and side of the buildings for car display purposes. The two buildings on site can briefly be described as follows:
Main Building – This is the main car showroom which also has office accommodation at mezzanine level. The showroom can accommodate 4 cars and also has a reception area and toilet facilities. To the rear of the showroom is the workshop which currently has 3 vehicle ramps and a rolling road. There are 3 vehicle access roller doors and lighting by fluorescent strips.
Small Building – This is a basic building which is also used for car display purposes. Overall we are of the view that this property could also be suitable for trade or light industrial purposes.
Location
The property is prominently situated on the south side of Kingsway East in an area of mixed commercial and residential occupiers. Dundee city centre is approximately 2 miles to the south west and the property is situated on Kingsway East, between the junctions of the A90 (Aberdeen) and the A92 (Arbroath & Montrose). Commercial occupiers in the immediate vicinity include DC Thomson, Arnold Clark, Tim Hortons, Lidl and the Retail Park to the east which includes occupiers such as Asda, McDonalds, B&M and Home Bargains.
Accommodation
SHOWROOM / WORKSHOP - 491 SQ M (5,281 SQ FT)
SMALL SHOWROOM – 133 SQ M (1,436 SQ FT)
Terms
We have been advised that the rateable value for the property is currently as follows: RV - £67,500
ENTRY It is likely that the building will be available for entry from June 2024.
ENERGY PERFORMANCE CERTIFICATE The EPC will be available in due course.
TERMS The property is available to lease for a term to be agreed. The required rent is £65,000 per annum exclusive of VAT
ANTI-MONEY LAUNDERING A legally binding contract entered into as set out in the Heads of Terms will be subject to the counterparty satisfying Ryden’s requirements in relation to Anti-Money Laundering Regulations.