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Shop to rent

Perth Road, Dundee, DD1

544 sq. ft. | £7,800 pa| £650 pcm

Property Description

Commercial information

  • 544 sq ft (50 sq m)

Key features

  • 50.6 sq m (544.7 sq ft)
  • Traditional Shop Premises
  • Early Entry Available
  • Flexible Terms

Full description

Description
A retail shop contained on the ground floor of a 4 storey traditional mid terrace building. The shop benefits from a double frontage with the main accommodation as follows:

Retail and Customer Area, Rear Store/Stock Room and Staff Toilet.

Location
The city of Dundee has a population in excess of 100,000 and is situated on the north bank of the Firth of Tay approximately 25 miles east from Perth. Dundee benefits from a mainline railway station sitting on the East Coast Line with a further rail link to Perth and the Central Scotland area. The city also has the benefit of excellent road links to Aberdeen to the north with access to the main motorway network via the M90 and M9 to the south and east.

The city has been through a period of urban regeneration in recent years with a number of redevelopment projects completed. In addition the Dundee Waterfront Project is on-going with construction of the V & A at Dundee now underway with completion due in 2017.

The premises are situated off the north side of Perth Road on the western edge of the City Centre and benefit from a prominent roadside position with good visibility.

Dundee University Campus lies nearby while there are other offices, shops and restaurants, together with established housing in the vicinity.

The location of the property is shown on the undernoted plan.

Assessment
We have consulted the Tayside Assessor's website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:-

Rateable Value: 4,800
The Uniform Business Rate for the financial year 2015/2016 is 48p.

Small Business Relief may be available and this should be checked with Dundee City Council.

Energy Performance Rating
A copy of the Energy Performance Certificate will be made available to interested parties.

Lease Terms
Our client seeks a longer term lease on standard FRI terms but will be flexible in approach.

Rental
An initial rental in the region of 7,800 per annum exclusive is anticipated.

Offers
Prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our client's Solicitors will issue formal Lease documentation.

Entry
Early entry is available by arrangement.

General Remarks
Well located on the busy Perth Road in a well established retail/business position. Last used as a small mini-market but suitable for alternative retail uses. Some upgrading required.

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