Summary
The subjects comprise a second floor commercial space within a Category C Listed three storey mid‐terraced tenement building of traditional stone wall construction with pitched and slated roof over.
The premises are fitted out to a modern standard to compliment the current salon use and benefit from vinyl flooring, a gas central heating system, a mixture of sodium light fitments and spotlighting and which supplement the excellent natural light provided by single glazed timber framed windows.
Key Points
SECOND FLOOR COMMERCIAL SUITECURRENTLY USED FOR SALON PURPOSES2 CAR PARKING SPACES100% RATES RELIEF FOR QUALIYING OCCUPIERSAccommodation
We have measured the Net Internal Area of subjects in accordance with the RICS Code of Measuring Practice to be as follows:-
62.80 sq m (676 sq ft)
Terms
The accommodation is available by way of a new lease on full repairing and insuring terms at a rental of £6,500 per annum exclusive of VAT, Rates and Service Charge.
VAT
All prices, rents and premiums are quoted exclusive of VAT which may be payable.
Legal Costs
Each party will be responsible for their own legal costs in connection with this transaction with the tenant being responsible for any Land & Building
Transaction Tax and VAT liability incurred thereon in.
Business Rates
The premises are currently entered in the Valuation Roll as follows:-
Office - £2,400.
Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme.
Viewing
Strictly by appointment by the sole agents.
Location
The subjects are located on the south side of Cowgate, in between its junctions with Murraygate and St Andrews Street, in a prominent pedestrianized commercial location in the heart of Dundee city centre.
The property lies in close proximity to the Wellgate Shopping Centre, one of the principal shopping centres in Dundee, along with the Central Business District and the recently refurbished McManus Gallary and Art Museum on Albert Square. Other nearby commercial occupiers include Greggs, Ladbrokes, Bank of Scotland, as well as a number of other national and local retailers and office occupiers.