The property currently comprises a raised ground floor office premises contained within a four storey over lower ground floor building mostly now in residential use. The property enjoys a corner position with excellent natural light with windows on its north, south and west elevations. Access to the property is through a common entrance door from the pavement concourse.
The building is Category B Listed and contained within Dundee’s Central Conservation Area. A public car park lies to the rear of the building.
Location
The property is situated in the city of Dundee with an estimated population of circa of 150,000. The city lies on the eastern side of Scotland on the northern banks of the Firth of Tay and is home to two universities, an airport and significant Scottish businesses including Alliance Trust, Stagecoach and D C Thomson.
The city is enjoying a new vibrance driven by a £XXXbillion transformation of the Water Front including upgraded infrastructure and the recent opening of the V & A Dundee, an International Centre for Design. This investment has also been pivotal in the city attracting new hotel groups who are expected to deliver almost 1,000 additional rooms due to the expected surge in tourism. In total, this investment is predicted to deliver in excess of 7,000 new jobs to the city improving the city’s profile of both residential and commercial property.
The property is situated on Victoria Road at its junction with Middleside and lies to the rear of Wellgate Shopping Centre on the western periphery of the city centre. As a consequence, it enjoys excellent access to city centre amenities and facilities and is within a short walking distance of Abertay and Dundee Universities, the Waterfront, V & A and Dundee Railway Station.
Accommodation
The accommodation currently comprises 3 principal rooms, the larger rear area being sub-divided to form a w.c. and tea preparation area. We would expect the property to be remodelled into a large 2- bedroom or a small 3 bedroom dwelling.
We have calculated the gross internal floor area of the property at 91.86 sq m (989 sq ft)
Terms
ENERGY PERFORMANCE CERTIFICATE - Energy Performance Indicator – TBC
LOCAL AUTHORITY CONSENTS - We recommend interested parties make their own enquiries in relation to obtaining all necessary Local Authority Consents and Approvals. Conditional offers will be accepted.
PRICE - Our client is seeking offers in excess of £XXX for their heritable interest in this property. Please note VAT is not applicable.
OFFERS - In the normal Scottish form addressed to this office.
DATE OF ENTRY - Upon successful completion of missives.
Specification
- Residential Development Opportunity
- Central Location Close to City Centre Amenities
- Close to Abertay and Dundee Universities
- Ideal Rental Property
- NIA: 91.86 sq m (989 sq ft)