The subjects comprise a ground floor office / retail / salon unit forming part of a four storey and attic period stone-built tenement building. The subjects benefit from Class 1A consent and would therefore suit a range of general and professional uses such as hairdressers, beautician, complimentary therapist and accountants etc. The subjects are well placed to take advantage of the improvements which have been made to the city due to their close proximity to the Waterfront Area. Internally the unit comprises front retail area with recessed entrance doorway, kitchen, store and WC.
Location
Dundee is located on the east coast of Scotland approximately mid-way between Aberdeen (circa 105 km (65 miles) to the north) and Edinburgh (circa 96 km (60 miles) to the south) overlooking the Tay estuary and has a resident population of circa 155,000 persons and a catchment of some 235,000 persons (Source: Focus). Dundee is Scotland’s fourth largest city and is the regional centre for employment, services and retailing within Tayside. The ongoing regeneration as part of the waterfront development has been well documented and the opening of the V&A museum has helped establish Dundee as a major regional centre. Dock Street is a well-established location for retailers and service providers with Dundee city centre running to the north
Accommodation
30.38 SQ M (327 SQ FT)
Terms
PROPOSAL The subjects are currently held under a Full Repairing and Insuring Lease with a passing rent of £8,000 per annum (exc VAT) until 9th August 2028.
RATEABLE VALUE £6,200 – 2025/2026 The subjects benefit from up to 100% rates relief via the small business bonus scheme.
ENERGY PERFORMANCE CERTIFICATE Available on application
VAT For the avoidance of doubt all prices quoted are exclusive of VAT.
LEGAL COSTS Both parties shall be responsible for their own legal costs with the ingoing assignee responsible for any LBTT, registration dues and VAT thereon
Specification
- WITHIN DUNDEE CITY CENTRE / WATERFRONT DEVELOPMENT AREA
- CLASS 1A RETAIL / OFFICE NET
- AREA –30.38 SQ M (327 SQ FT)
- LEASE AVAILABLE VIA ASSIGNATION / SUB LEASE
- PASSING RENT - £8,000 PER ANNUM (EXC VAT)
- 100% RATES RELIEF