The subjects form the ground and basement level of an extensive 4 storey Category ‘B’ listed tenement building. The property has a modem shop fit out on the ground floor whilst the basement level is primarily used for storage.
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 (Census 2011). Dundee is Scotland's fourth largest City and is the regional centre for employment, services and retailing within Tayside. The City has its own airport with daily flights to London (Stansted Airport) and sits on the main East Coast Railway Line which runs services into London (Kings Cross). Murraygate is a busy traditional retail thoroughfare within the centre of Dundee. The subjects lie in close proximity to Wellgate a principal retail destination in Tayside, with many national retailers in close proximity, including, Holland and Barret, Greggs and Clarks.
Accommodation
Basement 167.35sq m ( 1,801 sq ft )
Ground 179.58sq m ( 1,933 sq ft )
TOTAL 346.93sq m ( 3,734sq ft )
Terms
RATEABLE VALUE The premises have been assessed for rating purposes and are entered in the valuation Roll at: Rateable value: £79,600.
PROPOSAL Our clients wish to lease the property for a flexible term at offers in the region of £18,000 per annum.
ENERGY PERFORMANCE CERTIFICATE The property has a current Energy Performance Rating of: G VAT For the avoidance of doubt all prices quoted are exclusive of VAT.
LEGAL FEES Both parties shall be responsible for their own legal costs.
MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed
Specification
- DOUBLE FRONTAGE
- CENTRAL LOCATION
- GROSS INTERNAL FLOOR AREA: 346.93 SQ M (3,734 SQ FT) OVER GROUND AND BASEMENT
- IN CLOSE PROXIMITY TO WELLGATE SHOPPING CENTRE
- RENTAL OF £18,000 PER ANNUM