Part income producing retail property on 79 Murraygate and 7 Cowgate contained within a 5 storey, attic and basement tenement building.
( Agency Pilot Software Ref: 41975 )
Location
Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within Tayside, and is located on the east coast of Scotland with Aberdeen, Edinburgh and Glasgow all within 90 minutes’ drive time. The city has its own Airport with daily flights to London (Stansted Airport). Dundee Railway Station forms part of the main East Coast Railway Line, which runs services into London Kings Cross station.
Dundee is presently undergoing a one billion transformation to its waterfront which comprises significant development not only to the City Centre but also along Riverside Drive to the Cities airport and the surrounding area. The centre peace to the waterfront development is the V&A Dundee an International Centre for Design in Scotland, the first ever design museum to being built in the UK outside London. More precisely, the subjects occupy a prominent corner location on the corner of Murraygate and Cowgate, a busy pedestrianised section of Dundee city centre. The property sits directly opposite the Wellgate Shopping Centre. Immediate and surrounding operators include; Holland & Barratt, Tesco, Marks & Spencer with a further national offering within the Wellgate Shopping Centre.
Accommodation
PROPERTY FLOOR
79 Murraygate
Ground 178.00sq m ( 1,916 sq ft )
Basement 226.88 sq m (2,442 sq ft )
TOTAL NIA 404.88sq m ( 4,358 sq ft )
7 Cowgate
Ground 52.79sq m (568 sq ft )
Basement 59.74 sq m(643sq ft )
TOTAL NIA 112.53 sq m (1,211sq ft )
Terms
PRICE Offers in the region of £XXX are invited for the subjects in whole only, subject to the leasing agreement in place. All enquiries to the sole selling agent Graham + Sibbald Chartered Surveyors.
EPC Available upon request.
VAT For the avoidance of doubt all figures quoted are exclusive of VAT unless otherwise stated and any prospective purchaser should satisfy themselves independently as to the incidence of VAT involved in this transaction.
Specification
- Part Income Producing
- City Centre Location – Opposite Wellgate Shopping Centre
- Prominent Corner Site
- National Operators Close By
- Value Adding Opportunities