Summary
The subjects comprise a ground floor mid-terraced restaurant accommodation contained within a single storey terrace of similar commercial units. The main walls are of brick construction with pitched slate roof over, forming part of a Grade ‘B’ listed former railway shed. The property has the benefit of an attractive glazed display frontage, with the southern elevation overlooking Victoria Dock Marina.
Internally, the accommodation is arranged to provide a front entrance / area reception leading into a bar servery and large open plan restaurant, with ancillary kitchen, storage, office and separate customer and staff WC facilities.
Key Points
POPULAR MIXED COMMERCIAL LOCATIONHIGH OCCUPANCY LEVEL WITHIN CITY QUAYLOCATED WITHIN THE WATERFRONT OF DUNDEEOVERLOOKS DUNDEE MARINAIMMEDIATE ENTRYFLEXIBLE TERMSSUB-DIVISION POSSIBLE
VAT
All prices, premiums and rents are quoted exclusive of VAT which may be payable.
Accommodation
We have measure the premises in accordance with the RICS Code of Measuring Practice to be as follows:-
383 sq m (4,120 sq ft)
Business Rates
The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-
Restaurant - £36,300
Any new occupier will have the right to appeal this rating assessment.
Legal Costs
Each party will be responsible for their own legal costs with the ingoing tenant responsible for LBTT and registration dues thereon.
Energy Performance Certificate
Available on request.
Viewing
Please contact the marketing agents, Westport Property, on 01382 225 517.
Location
The subjects are located within the City Quay area of Dundee immediately to the south of the city centre, in an area which provides high quality office and leisure accommodation, and waterfront residential developments.
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.
The new railway station, bus station, Overgate and Wellgate Shopping Centres, Gallagher Retail Park and two Universities - both Dundee and Abertay - are in close proximity, and the majority of the cities professional office occupiers are also in the surrounding area.Terms
The premises are immediately available by way of a new full repairing and insuring lease at a rent of £35,000 per annum.
Alternatively, our clients may consider offers to purchase the heritable proprietors interest.