The subjects comprise a purpose-built commercial unit forming part of a modern three and four storey block of flats with private parking to the rear which is accessed via a pend leading from Brown Street. The building is around 25 years old and comprises concrete block walls, which are partially rendered with timber features, and a timber pitched roof overlaid in concrete tiles. Internally the floors are of concrete construction with a mix of carpet and vinyl finishes. Windows are a mix of timber casement and double glazed design.
Location
Broughty Ferry is an affluent suburb situated about 7km (4 miles) to the east of Dundee City Centre with a resident population in the order of 21,200 persons (source: Dundee City Council). Broughty Ferry provides shopping and other services for the suburb and the predominant street running through the centre is Brook Street.
The subjects are located a short distance south of Brook Street at the corner of Brown Street and Long Lane. Surrounding properties comprise a mix of residential, retail, office and licensed premises and there is a medical centre with car parking immediately opposite
Accommodation
75.2 SQ.M (809 SQ.FT.)
NET AREA: 71.1 SQ.M. (764 SQ.FT.)
Terms
Our client is seeking offers over £125,000 (plus VAT) for their heritable interest.
RATEABLE VALUE The premises have been assessed for rating purposes and are entered in the Valuation Roll for the current year at: Net and Rateable Value: £7,400 The Unified Business Rate for the financial year 2025/2026 is 49.8 pence exclusive of water and sewerage.
VAT VAT will be charged on the purchase price.
LEGAL COSTS 764 Each party to bear their own legal costs in connection with this transaction.
MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, came into force on the 26th July 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/ occupier(s) will need to provide as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed
Specification
- CENTRAL LOCATION IN POPULAR BROUGHTY FERRY DISTRICT
- POTENTIAL CONVERSION FOR ALTERNATIVE RESIDENTIAL USE (SUBJECT TO LOCAL AUTHORITY CONSENTS)