The subjects comprise a retail unit over ground floor contained within a two storey stone built property which extends into a neighbouring four storey stone-built tenement building.
Entry is via a recessed single pedestrian door forming part of a traditional frontage onto Dura Street. The window frontages are protected via steel roller shutters.
Internally the subjects currently operate as a local supermarket with typical racked shelving and a large glass display counter. To the rear there is a staff toilet.
The subjects extend into a neighbouring property to the east to provide further retail space along with cold storage.
The property also has potential to be split into separate retail units of various uses.(Subject to local authority consent).
Location
Dundee is located on the East Coast of Scotland approximately mid-way 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 (Source: Focus).
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 (Stansted) and sits on the main East Coast Railway Line which runs services into London (Kings Cross).
The regeneration of the waterfront has been well documented and the opening for the V&A Museum has helped establish Dundee as a major regional centre.
Dura Street is a distributor road which acts as a link between the City Centre and the northeast arterial route.
The subjects are located on the north side of Dura Street, near the junction with Albert Street on a busy thoroughfare.
Morgan secondary school is in close proximity to the north along with a number of national occupiers such as Aldi and Boots together with local retail and leisure operators.
Accommodation
Ground Floor - 102.66 sq m (1,105 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).
Terms
TERMS - Our client is seeking offers over £60,000 for their heritable interest.
The subjects will be sold with the benefit of vacant possession. Further details upon request.
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: £10,200
The Unified Business Rate for the financial year 2024/2025 is 49.8 pence exclusive of water and sewerage.
ENERGY PERFORMANCE CERTIFICATE - To be confirmed.
VAT - Unless otherwise stated, all prices, premiums and rents are quoted exclusive of VAT.
LEGAL COSTS - Each party to bear their own legal costs in connection with this transaction.
Specification
- SUITABLE FOR A VARIETY OF USES
- ON BUSY THOROUGHFARE WITH ON STREET PARKING OUTSIDE
- NET AREA: 102.66 SQ,M. (1,105 SQ,FT.)
- OFFERS OVER £60,000