The subjects comprise a ground floor office / retail unit forming part of a traditional 4 ½ storey and basement stone and slate property.
The internal space has been refurbished to provide a flexible modern office / retail space, benefiting from good window frontage to Albert Square and Chapel Street, with separate staff toilet and kitchen facilities to the rear.
Location
Dundee is located on the east coast of Scotland approximately mid-way between Aberdeen (circa 105 kilometers (65 miles) to the north) and Edinburgh (circa 96 kilometers (60 miles) to the south) overlooking the Tay Estuary and has a resident population of circa 150,000 persons and a catchment of some 500,000 persons (Source: Dundee City Council).
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 (Heathrow) 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 helped establish Dundee as a major regional centre.
The building of which the subjects form a part is located on Albert Square at the corner junction with Chapel Street and the junction with Commercial Street part of the Central Business District.
The property is adjacent to Mcmanus Art Gallery and Museum.
Accommodation
Ground Floor - Main retail/office area, kitchen and WC facilities. - 103.49 sq m (1,114 sq ft)
The above floor areas have been calculated on a Net Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).
Car Parking - Multi storey / public car parking is available in the nearby Wellgate Centre, Overgate Centre, Gellatly Street and at other city centre locations nearby.
Terms
Lease Terms - The property is available to lease on a traditional full repairing and insuring terms.
Rental offers over £14,000 per annum are invited.
Rateable Value - The subjects have been accessed for rating purposes and have been entered in the valuation roll at:
Rateable Value: £12,600
The unified business rate for 2024/2025 is 49.8p
Small Business Bonus Scheme Relief available to qualifying tenant.
Rates payable for the financial year 2024/2025 - £941.22
Energy Performance Certificate - An Energy Performance Certificate is available on request.
VAT - Prices quoted are exclusive of VAT if applicable.
Legal Costs - Each party will be responsible for their own legal costs incurred in the transaction.
Specification
- OFFICE / RETAIL PREMISES
- PROMINENT CITY CENTRE PREMISES
- SUITABLE FOR VARIETY OF USES SUBJECT TO APPROPRIATE CONSENT
- CAR PARKING AVAILIBLE NEARBY
- ADJACENT TO MCMANUS GALLERY AND MUSEUM
- NIA: 103.49 SQ.M (1,114 SQ.FT)
- ASKING RENT: OFFERS OVER £14,000 PER ANNUM