Summary
The property comprises a substantial ground, first and second floor retail unit contained within a 3 storey corner building. The premises can be subdivided to suit specific requirements and further information is available on request.
The subjects benefit from an extensive glazed display frontage. Internally, the accommodation is mainly open plan and is suitable for a variety of uses.
Key Points
EXTENSIVE FRONTAGESITUATED ON MAIN RETAILING THOROUGHFAREWITHIN 5 MINS WALK OF THE PROPOSED EDEN PROJECTFLEXIBLE TERMSIMMEDIATE ENTRYMAY BE SUITABLE FOR ALTERNATIVE USES (SUBJECT TO PLANNING)GROUND, FIRST AND SECOND FLOORS
Accommodation
We have measured the premises and calculated the floor area to be as follows:-
Ground - 325.7 sq m (3,506 sq ft)
First - 314.7 sq m (3,388 sq ft)
Second - 280.0 sq m (3,014 sq ft)
TOTAL - 920.04 SQ M (9,908 SQ FT)
Terms / Price
The premises are available on full repairing terms at a rent to be negotiated.
Alternatively, offers are invited for the heritable proprietor's interest.
Rateable Value
The premises are currently entered in the Valuation Roll as follows:-
Shop - NAV/RV - £97,100
Any new occupier would have the right to appeal this rating assessment.
VAT
All prices, premiums and rents are quoted exclusive of VAT which may be payable.
Energy Performance Certificate
Available on request.
Viewing
Please contact the sole marketing agent, Westport Property, on 01382 225 517.
Location
The property occupiers a prominent position at the corner of Murraygate and Cowgate, a busy pedestrianised section of Dundee city centre.
The property lies in close proximity to the Wellgate Shopping Centre, one of the principal shopping centres in Dundee, along with the Central Business District and the McManus Gallary and Art Museum on Albert Square. Other nearby commercial occupiers include Costa Coffee, Tesco, Greggs, Betfred, Caffe Nero, Halifax, HMV, Specsavers as well as a number of other national and local retailers and office occupiers.
The surrounding area is undergoing a £1 billion upgrade to transform the city into a world leading waterfront destination for visitors and businesses. The Victoria & Albert Museum, Caird Hall, Dundee Science Museum, City Quay Water Sports Centre, Olympia Leisure Centre, Slessor Gardens and the
proposed Eden Project are all within 5 minutes walk.
Dundee and Angus College has recently announced ambitious plans to takeover the Wellgate Shopping Centre as part of an unprecedented £265 million transformation to turn this into its new city centre campus.