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
We calculate the net internal floor area of the property at 30.75 sq m (331 sq ft).
The accommodation comprises an open plan retail area with w.c. to rear.
Terms
Our client is seeking a rent of £XXX per annum on full repairing and insuring terms for a period to be agreed.
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
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.
DATE OF ENTRY
To be mutually agreed.
Specification
- Prominent Corner Unit
- Internally Well Appointed
- Popular Trading Location
- Opposite Co-op Food Store
- On Street Parking