The property comprises a modern open plan unit arranged over ground and first floors. Internally, the shop is finished to a reasonable standard as a modern retail unit.
The first floor is accessed via a stair at the rear and offers good storage and/or ancillary accommodation.
Location
The property is situated on Murraygate within the heart of Dundee city centre. Dundee is Scotland’s fourth city with a population in the order of circa 148,000 persons. There has been significant new investment over recent years around the whole of the city centre.
Murraygate is situated between the Overgate and Wellgate Shopping Centres and is considered the main town centre retailing pitch for the City. Nearby traders include Costa Coffee, Deichmann Shoes and a new Tesco Metro store.
Accommodation
Gross frontage - 6.4m 21’
Ground Floor area - 244 sq m (2,625 sq ft)
First Floor - 244 sq m (2,625 sq ft)
Terms
LEASE TERMS - Our clients are a private landlord. They appreciate the difficulties in the retail sector at the moment and are keen to secure a respectable tenant for their shop. In return, they are prepared to offer the property at a very competitive rent of £27,500 pa.
RATEABLE VALUE - We understand the property is entered in the local valuation roll as follows:-
Rateable Value from April 2023 £48,600
EPC - The EPC rating is available on request.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred in this transaction with the ingoing tenant being responsible for any Stamp Duty, Land Tax and Registration Dues.
VAT - All prices, rents, premiums, etc., are quoted exclusive of VAT.