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Retail Property (high street) to rent

Nethergate,Dundee,DD1

935 sq. ft. | £15,000 pa| £1,250 pcm

Property Description

Commercial information

  • 935 sq ft (86 sq m)
  • Use class orders: A1 Shops

Letting information:

Furnishing: Unfurnished

Full description

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 including the regeneration of the Overgate and the comprehensive office/retail and residential redevelopment of City Quay. In addition the Dundee Waterfront Project is now well under way with the construction of V & A at Dundee now underway with completion due in 2017.

DESCRIPTION:
Retail premises contained within a four storey and attic plus basement traditional tenement style building of stone construction

Internally the premises extend to around 84.42 sq m (909 sq ft) with the internal accommodation as follows-

Ground Floor: (46.45 sq m/500 sq ft)
Shop and Changing Area.

Basement: (40.40 sq m/435 sq ft)
Hall, Office, 2 Stores, Inner Hall + 2 Toilets

LEASE TERMS:
The subjects are available for a flexible period. Outline terms should be agreed with the Letting Agents prior to final lease terms being agreed.

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: 11,700

The Unified Business Rate for the financial year 2015/2016 is 48p.

Under existing legislation a new occupier has the right to appeal against this assessment. Small Business Relief may be available and this should checked with Dundee City Council.

RENTAL OFFERS:
Offers in the region of 15,000 per annum, exclusive, are invited.

ENTRY:
Early entry can be given on completion of missives.

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