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Bar / Nightclub for sale

Karma Nightclub, Brown Street,Dundee,DD1

Under Offer £325,000

Property Description

Commercial information

  • Business for sale

Key features

  • Nightclub/Development Opportunity
  • Close to West End of Dundee
  • Large Courtyard Area With Lock Up Garages To Rear
  • Total Gross Internal Area - 15000 ft2

Full description

Tenure: Freehold

Karma Nightclub is situated at the cross of Brown Street and Douglas Street in the west end of Dundee's city centre. The property is a former Army drill hall which has traded as a nightclub for several decades.

With accommodation over ground floor and first floor levels, the building roughly forms an "L" shape which is arranged around an open courtyard at the side and rear. Internally, the property roughly comprises circa. 15,000ft2 GIA (gross internal area).

The property is owned by our clients who have leased the business out for the last few years. Prior to that the business was run under management and traded as a very successful nightclub business.

The nightclub historically traded from the first floor of the property with main access from Brown Street. Historically, the nightclub had a capacity of 850 and with all the associated stores and workplaces including ladies and gents toilets, cloakroom, beer cellar and office throughout the property.

The availability of Karma Nightclub represents an outstanding opportunity for a motivated purchaser to acquire a valuable site close to Dundee city centre and in the midst of a busy student area. The future of this property lies in either re-development for continued licensed use or, subject to Local Authority planning consent, residential/student accommodation conversion.

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