Prominent Retail Unit
Dundee is Scotland’s fourth largest city and is situated approximately 60 miles north of Edinburgh with a population of circa 115,000 persons. The city benefits from excellent transport connections, including its own airport with links to London and mainline rail services between London and Aberdeen. Dundee is one of Scotland’s retail hubs with a loyal student catchment who shop in the local area. Murraygate is a key pedestrian high street located in the centre of Dundee linking the Wellgate Shopping Centre with the Overgate Centre. Nearby occupiers include Marks and Spencer, Caffe Nero, The Body Shop, Bank of Scotland, KFC and Costa.
The premises are arranged over ground and first floor levels and comprise the following approximate net internal areas:
Ground Floor: 1,571 sq ft / 146 sqm
First Floor: 1,708 sq ft / 159 sqm
Total: 3,279 sq ft / 305 sqm
The premises are available by way of a new FRI lease.
Offers over £50,000 pa exclusive of VAT are invited.
Rateable Value: £41,800
UBR (2023/24): £0.498
Rates Payable: £20,817 pa
The premises benefit from having Class 1A consent. An EPC Report is available on request.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.