• Attractive freehold shop premises
• Superb investor opportunity in busy town
• Situated in affluent mixed commercial area
• Benefits from excellent footfall and passing trade
• Extends to approximately 38 sq m (410 sq ft)
DESCRIPTION
The subjects comprise a vacant shop unit over ground and basement with single glazed frontage onto Gray Street. The property forms part of a three storey and attic traditional stone and slate tenement building.
Internally, the shop comprises an open plan area with customer counter to the front and a staff WC contained off the rear shop.
There is a hatch which provides ladder access to the basement which is suitable for storage purposes.
Location
Broughty Ferry is located approximately 5 miles east of the city of Dundee and has a population of around 13,000 people.
The property is located on the east side of Gray Street and is opposite the main entrance to the train station. It is a principal thoroughfare through the town connecting Queen Street with Brook Street and stretching down to Beach Crescent.
The surrounding area is mixed commercial use with an affluent vibe. Nearby occupiers include The Royal Arch Tavern, McNicoll & Cairnie, Mitchell and Co, Greggs and a branch of Clydesdale Bank.
Accommodation
According to our recent measurement survey the subjects comprise the following approximate net internal area:
38 sq m (410 sq ft)
Terms
PRICE
Our client is inviting offers over £XXX for their heritable interests.
Specification
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £XXX effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £XXX or less.
UTILITIES
The property has supplies of mains water and electricity.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
ENTRY
On completion of legal formalities.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, Allied Surveyors Scotland plc.