The subjects comprise a ground floor and basement retail unit. The unit forms part of a traditional category ‘B’ listed tenement of stone construction with a pitched timber and slated roof incorporating dormer projections at attic level. Floors are a mix of suspended timber and solid construction. Access to the property is via a raised pedestrian door which leads to a retail / office area. There is an open contemporary style timber stair down to the basement. The basement provides staff facilities and WC..
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 City has its own airport with daily flights to London (Heathrow) and sits on the main East Coast Railway Line which runs services into London (Kings Cross).
Accommodation
NIA – 34.49 sq m (372 sq ft)
Terms
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value - £12,000 Rates payable for 2024/2025 - £5,976 The subjects benefit from up to 100% rates relief via the small business bonus scheme.
ENERGY PERFORMANCE CERTIFICATE The EPC rating is ‘G’. A copy is available on request.
ASKING RENT / PRICE Our client will consider offers of £11,000 per annum for a new Full Repairing and Insuring lease for a negotiable term. Alternatively, our client may sell. Asking Price - £125,000 W
VAT For the avoidance of doubt all prices quoted are exclusive of VAT.
LEGAL COSTS Each party to bear their own legal costs in connection with this transaction.
Specification
- LOCATED IN CULTURAL QUARTER
- IN CLOSE PROXIMITY TO DUNDEE UNIVERSITY AND BT CALL CENTRE THE SUBJECTS
- BENEFIT FROM UP TO 100% RATES RELIEF VIA THE SMALL BUSINESS BONUS SCHEME RENT
- £11,000 PER ANNUM ASKING PRICE
- £125,000