The subjects comprise a retail unit planned over basement, ground and three upper floors forming part of a Category ‘B’ Listed tenement building. The building was most recently a music shop, which traded from ground, first and second floor levels with the top floor being used for storage purposes and the basement for storage and workshop/repair purposes. The subjects would lend itself to a variety of uses subject to the appropriate consent or planning permission.
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 (London City) and sits on the main East Coast Railway Line which runs services into London (Kings Cross). 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 west side of Castle Street adjacent to a covered public walkway linking Castle Street and City Square
Accommodation
859.27 SQ. M. (9,249 SQ. FT.)
Terms
PRICE The Detail Our client is inviting offers in excess of £200,000 for their heritable interest.
PLANNING The subjects provide an opportunity for conversion and alternative uses. All interested parties should make their own enquiries to Dundee City Council Planning Department.
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value: £27,100. The unified business rate for 2025/2026 is 49.8p.
ENERGY PERFORMANCE CERTIFICATE The subjects have been assessed for energy performance purposes and have a current rating of “D”. Full EPC details upon request.
VAT No VAT will be payable on this Sale.
LEGAL COSTS Each party to bear their own legal costs in connection with this transaction.
Specification
- PROMINENT LOCATION
- POTENTIAL TO CONVERT TO ALTERNATIVE USES SUBJECT TO PLANNING