TO LET
MSU5
Overgate Shopping Centre
Dundee DD1 1UG

Retail Opportunity

Ground Floor: 5,640 sq ft
Rent: On Application
Location

Dundee Overgate is a key shopping centre situated in the city centre. Dundee has a large and loyal catchment population of circa 96,000 persons.  Overgate has approximately 420,000 sq ft of retail floor space with an annual footfall of 14 million. The centre comprises two retail levels with major retailers including Primark, H&M, Next, New Look and Boots.  Nearby occupiers to the unit include Holland & Barrett, JD Sports, Office Shoes and River Island.

Accommodation

The premises are arranged over ground and first floor and comprise the following approximate net internal areas:
Ground Floor:  5,640 sq ft / 523.97 sqm
First Floor:  7,802 sq ft / 724.83 sqm

Rent

On application.

Lease

The subjects are available on a new FRI lease.

Rates

Rateable Value:  £263,500
UBR (2021/22):  £0.516
Rates Payable:  £135,966 pa

Service Charge

The budget service charge for the current financial year (2021/22) is approximately £123,023.

EPC Rating / Planning

The premises have an EPC rating of D and benefit from Class 1 consent.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in the 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.

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TO LET

MSU5
Overgate Shopping Centre
Dundee DD1 1UG
Viewing strictly by appointment with ORINSEN or our joint agent CBRE

Andy Bain
T. 0131 374 1117
M. 07770 524 977
E. abain@orinsen.com

Tom Forster
T. 0131 374 1115
M. 07919 920 126
E. tforster@orinsen.com

Published June 2021

Important Notice

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.

Published 30.09.20

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