The subjects comprise the ground floor and basement of a midterraced 4 storey plus attic building of traditional stone construction. Internally, the accommodation provides an open plan retail area and W.C with storage and staff facilities including WC’s, in the basement area. The property may suit a variety of commercial uses, subject to the appropriate consents
Location
Dundee is located on the east coast of Scotland approximately mid-way between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (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 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.
Accommodation
NIA: 148.2 SQM (1,596 SQ.FT
Terms
RATING ASSESSMENT The property is currently entered in the valuation roll as follows: RV: £14,900 The unified business rate for the financial year 2024/2025 is 49.8 pence exclusive of water and sewerage
DEPOSIT At the end of the auction, if the reserve price has been met, a 10% deposit (subject to a minimum deposit of £5,000) will be payable.
RESERVE PRICE The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed. If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration
GUIDE PRICE The heritable interest is for sale at a guide price of £110,000 exclusive of VAT. If properties are advertised with a guide price this will be within 10% either above or below the reserve price. If the guide price is shown as falling within a range of prices, then the reserve price will not exceed the highest value quoted.
BUYER FEES The buyer’s fee is 1.5% plus VAT subject to a minimum of £1,500 plus VAT.
LEGAL PACK The legal pack is available to view online VAT See Legal Pack
ENERGY PERFORMANCE CERTIFICATE The property has a current energy rating of F 100. A copy of the EPC is available upon request.
Specification
- CITY CENTRE PREMISES
- PROMINENT LOCATION
- NATIONAL OPERATORS NEARBY
- ADJACENT TO WELLGATE CENTRE
- CLASS 1A CONSENT
- NIA: 148.2 SQM (1,596 SQ.FT
- GUIDE PRICE: £110,000