The subject property comprises retail premises arranged over ground and basement floors within a mid-terrace, six storey block. The premises will be within close proximity to the new Waterfront development once completed.
Internally, the accommodation on the ground floor comprises a large open plan retail area with a smaller separate retail area located to the rear together with changing rooms. The basement provides a large open plan storage area together with two sub-divided rooms.
Location
The property is located in Dundee, Scotland’s fourth largest City with an estimated catchment population of 515,000 people (Source: Dundee City Council). It is situated 92 km (57 miles) north of Edinburgh, 129 km (80 miles) north of Glasgow and 105 km (65 miles) south of Aberdeen.
The property is situated on the north side of Gellatly Street, within Dundee City Centre close to its junction with Seagate in a mixed residential/commercial location. Gellatly Street multi-storey car park is located within close proximity to the property.
Accommodation
Ground Floor - Entrance hallway, large open plan retail floor, two changing rooms, a smaller separate retail area - 153.74 m² (1,655 ft²)
Basement - Open plan storage area, two sub-divided storage areas - 110 m² (1,184 ft²)
Terms
RATEABLE VALUE
The premises have been assessed for rating purposes and are entered in the Valuation Roll for the current year at:
Net and Rateable Value: £XXX
The Unified Business Rate for the financial year 2015/2016 is 0.48 pence exclusive of water and sewerage.
ENERGY PEFORMANCE CERTIFICATE
Awaiting confirmation.
PROPOSAL
Our client is seeking offers in excess of £XXX
VAT
Prices are quoted exclusive of VAT (if applicable).
Specification
- LARGE RETAIL UNIT WITH BASEMENT STORAGE
- CLASS 1 USE CLASS
- CLOSE PROXIMITY TO MULTI-STOREY CAR PARKING