The subjects comprise a retail unit arranged over the ground floor within a 4 storey and attic, 19th century tenement, incorporating stone walls and pitched slate covered roof. The site upon which the subjects stand is developed in its entirety and has a footprint of approximately 0.01 hectares (0.03 acres), with principal access from Commercial Street and a fire exit to Meadow Entry Lane. Internally the property consists of a sales area with ancillary accommodation to the rear, including staff/storage area and WC facilities
Location
Dundee is located on the East Coast of Scotland approximately midway 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 (City) and sits on the main East Coast Railway Line which runs services into London (Kings Cross). The ongoing regeneration as part of the waterfront development has been well documented and the opening of the V & A Museum has benefited the Dundee economy in terms of an extra £21 million in tourism revenue in 2019, helping establish Dundee as a major regional centre. In addition to this Dundee has seen significant investment within the renewable energy and decommissioning sector
Accommodation
Ground Floor (Sales Area) 82.23sq m ( 885 sq ft )
Ground Floor (Storage and WC) 29.37sq m ( 316 sq ft )
TOTAL 111.60 sq m (1,201sq ft )
Terms
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value - £13,700 (Proposed from 1st April 2023). The unified business rate for 2023/2024 is XXX.
SALE TERMS The property is for sale with the benefit of vacant possession. Asking Price: OIEO £200,000.
VAT For the avoidance of doubt all prices quoted are exclusive of VAT, which will be charged at the current rate.
EPC Further information available on request.
Specification
- MAY SUIT A VARIETY OF USES (SUBJECT TO CONSENT)
- GOOD MIX OF NATIONAL / LOCAL OCCUPIERS
- CAR PARKING NEARBY
- ADJACENT TO MCMANUS ART GALLERY AND MUSEUM
- OFFERS OVER £200,000