The property comprises a mid-terraced single storey shop unit in a parade of eight units constructed in 2010. Mains services are provided
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 (National Records of Scotland 2020). Dundee is Scotland’s fourth largest city and is the regional centre for employment, services and retailing within Tayside. The property is located approximately 1 mile to the north of Dundee City Centre on Strathmartine Road and Strathmore Avenue. The surrounding area is characterised by a mix of uses including residential, retail and a variety of other businesses.
Accommodation
The unit provides a net internal floor area of approximately 1,326 SQ.FT (123.19 SQ.M
Terms
EPC Available upon request.
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value: £15,900 The unified business rate for 2024/2025 is 49.8 pence exclusive of water and sewage.
LEASE TERMS The property is available to lease on a traditional full repairing and insuring terms.
Rental offers in excess of £25,000 per annum will be considered.
VAT VAT will be charged.
LEGAL COSTS Each party will be responsible for its own legal costs with the ingoing tenant responsible for land & buildings transaction tax, registration dues and VAT incurred thereon.
MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
- FRONTING MAIN DISTRIBUTOR ROUTE
- ADJACENT TENANTS INCLUDE TESCO (EXPRESS), GREGGS AND LADBROKES
- OFF-STREET CUSTOMER PARKING
- RENTAL OFFERS OF £25,000 PER ANNUM