The property comprises a corner ground floor retail unit contained within a traditional four storey tenement building with commercial premises at ground floor level and residential dwellings on the upper levels.
Location
The subjects are located on Albert Street at its junction with Whaler’s Close in a popular neighbourhood shopping area to the north east of Dundee City Centre. The area is populated by a mix of national and local traders including Boots and a Co-operative Food Store.
Accommodation
The accommodation comprises an open plan retail area with w.c. to rear.
We calculate the net internal floor area of the property at 30.75 sq m (331 sq ft).
Terms
RATING ASSESSMENT - The property has been entered in the current Valuation Roll at a Rateable Value of £XXX
The property is therefore eligible for 100% rates relief under the Small Business Bonus Scheme
ENERGY PERFORMANCE CERTIFICATE - Energy Performance Indicator – G
TERMS - Our client is seeking a rent of £XXX per annum on full repairing and insuring terms for a period to be agreed.
SERVICE CHARGE - The tenant will be responsible for the landlord’s management commission at a rate of 10% plus VAT of the agreed rent.
VAT - Not applicable.
OFFERS - In the normal Scottish form addressed to this office.
LEGAL COSTS - Each party to bear their own legal costs.
Specification
- Prominent Corner Unit
- Internally Well Appointed
- Popular Trading Location
- Opposite Co-op Food Store
- On Street Parking