242-244 Perth Road

Dundee, DD1 4LL

710 sq ft
To Let
Retail

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Opportunity to purchase a popular Cafe business situated on Perth Road in Dundee's West End.

Property Type Retail
Tenure To Let
Size 710 sq ft
Rent £8,800 per annum (No VAT)
Business Rates £4,224 per annum (based on rateable value of £8,800). Qualifying occupiers may benefit from 100% rates relief.
Service Charge The tenant is liable for a service charge in respect of water services.

Key Features

  • Prominent position in Perth Road
  • Established business with potential to expand
  • Large Basement suitable for storage with external access to courtyard

Location

Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within the Tayside region and is located on the east coast of Scotland with 90% of the country’s population within 90 minutes’ drive time.

The subjects are located within the heart of the Dundee's West End in close proximity to Dundee University and the busy Sinderins shopping area. The premises benefit from a prominent corner location and are surrounded by a number of local and national operators including Ladbrokes and Perth Road's main Post Office, which generate a high level of passing trade.

Description

The subjects comprise the ground and basement floors of a 3 storey end terraced tenement block. The Cafe is well established, fitted out to a good standard and also benefits from a double frontage onto Perth Road. The business trades as "Twin City Cafe"  which has a strong trading record and excellent reputation having previously been located in City Square, Dundee for a number of years.

The kitchen is situated at the rear and is well fitted out. Access to a large basement storage area is gained via access ladder from the kitchen. Alternative access to the basement is available from the rear courtyard via the tenement close The courtyard is secure and fully bounded.

Seperate Ladies and Gents toilet facilities are provided, both are accessible and baby changing facilities are available. 

Accommodation 

We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) as follows:

Floor Size (sq ft)
Ground floor 710 sq ft
Basement floor 731 sq ft
Total 1,441 sq ft

Terms

The curent lease expires in September 2023 although a new, longer lease can be agreed by negotiation with the landlord.

The annual rent is £8,800 pa and a premium of £30,000 is sought for the fixtures, fittings, goodwill and stock. 

Viewing Arrangements

Please contact the sole selling agent, Westport Property Ltd.

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Westport Property is an independent property consultancy founded in 2012. We work with Landlords, businesses and individuals providing an extensive range of commercial and residential property services.

We are proud to be RICS regulated Chartered Surveyors.

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