The subjects comprise a prominent and well located city centre retail premises which benefits from a highly visible expansive shop front onto commercial Street, one of Dundee city centre's principal streets.
The premises provides accommodation over ground and basement floors. The layout of the premises may be suitable for various retail uses such as salon or beauty consultancy.
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 the Tayside region and is located on the east coast of Scotland with 90% of the country’s population within 90 minutes’ drive time.
The subjects are located within the heart of the Dundee City Centre near to the Dundee Waterfront, part of a £1 Billion upgrade "to transform the City of Dundee into a world leading waterfront destination for visitors and businesses" - Dundee Waterfront Vision.
Accommodation
The premises is accessed from Commercial Street via a single leaf glazed entrance door forming part of the aluminium frontage. The shop comprises an open plan retail space which is ready for tenant's fit out. A suspended grid ceiling with inset lighting is fitted throughout the ground floor.
A recessed staircase provides access to a full height basement which is presently laid out to provide a mixture of WC's, kitchenette and store space.
The accommodation can be described as follows:
Ground Floor - 625 sq ft
Basement Floor - 713 sq ft
Total - 1,338 sq ft
Terms
The premises are available to lease on Tenant's full repairing and insuring terms.
Business Rates
The premises have been assessed by the local authority with a rateable value of £15,000, with rates payable being £7,260.00.
Ingoing tenants may qualify for discounts up to 100% under the terms of the Small Business Bonus Scheme, subject to meeting qualifying criteria.
Rent
£13,000.00 per annum
Energy Performance Rating
Following third party assessment, we understand that the energy performance rating for this property has been graded as (). A copy of the Energy Performance Certificate is available on request from the agents.
Specification
- PROMINENT RETAIL PREMISES
- ACCOMMODATION OVER 2 FLOORS
- MODERN FRONTAGE
- WINDOW SECURITY SHUTTER
- POPULAR CENTRAL LOCATION
- HIGH FOOTFALL
- WATERFRONT LOCATION