The subjects comprise two ground floor retail units situated within Block A of Stanley Apartments. The development, located within Dundee’s newly established purpose-built student accommodation area, houses approximately 160 students, offering a built-in customer base for prospective commercial occupiers. The ground floor units are currently vacant and would be suitable for a variety of commercial uses. The units can also be reconfigured to form one larger unit subject to planning.
Location
Dundee is located on the east coast of Scotland approximately mid-way between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (60 miles) to the south) overlooking the Tay estuary and has a resident population of circa 150,000 persons and a catchment of some 500,000 persons (source: Dundee City Council). Dundee is Scotland's fourth largest city and is the regional centre for employment, services and retailing within Tayside.
The ongoing regeneration as part of the waterfront development has been well documented and the opening of the V & A museum has helped establish Dundee as a major regional centre. The subjects are located on the corner of Brown Street and Douglas Street within the centre of Dundee. This is an area which has undergone significant transformation and forms part of a new purpose-built student development.
Accommodation
Unit 1 / 2 - GIA: 55.3 SQ M (595 SQ FT) – DOUBLE UNIT
UNIT 3 - GIA: 28 SQ M (302 SQ FT)
Terms
Our clients are offering these units for lease as follows: Offers over £5,000 per annum for a negotiable term.
RATEABLE VALUE The subjects are not currently entered in the Valuation Roll and will require to be separately assessed.
VAT will be charged. LEGAL COSTS Each party to bear their own legal costs in connection with this transaction.
ENERGY PERFORMANCE CERTIFICATE Available upon application.
Specification
- GROUND FLOOR UNITS WITHIN PURPOSE BUILT STUDENT ACCOMMODATION
- SHORT DISTANCE FROM DUNDEE CITY CENTRE