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Fergus McDonald

Fergus McDonald

Fergus is an experienced general practitioner Chartered Surveyor. Trained in the busy Edinburgh market, Fergus has over 17 years’ experience...
Kasia O’Rourke

Kasia O’Rourke

Kasia is a highly motivated professional with over 6 years of experience in residential lettings and factoring industry and over...

Features

  • CITY CENTRE POSITION
  • THRIVING LOCATION FOR INDEPEDENT BUSINESSES
  • CLOSE TO DUNDEE WATERFRONT
  • FLEXIBLE TERMS
  • IMMEDIATE ENTRY

Description

The subjects comprise a prominent ground retail premises contained within a modern four storey building of block wall construction under a pitched and felt roof.

The premises are open plan in nature with additional storage, staff and WC facilities, and benefits from excellent display frontage to Exchange Street and Exchange Court. They are currently fitted out and operational as a barber shop / hair salon.

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Accommodation

We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-

96.36 sq m (1,037 sq ft)

Terms

The premises are immediately available by way of a new full repairing and insuring lease at a rental of £15,000 per annum.

VAT

All prices, premium and rents are quoted exclusive of VAT.

Business Rates

The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-

Shop – NAV/RV – £14,900

Qualifying occupiers may benefit from 27.50% rates relief under the Small Business Bonus Scheme (i.e. £5,350 payable)

Entry

On conclusion of legal missives.

Viewing

Please contact the sole letting agent on 01382 225 517.

Location

The subjects are well located on the north side of Exchange Street, a thriving location popular with independent businesses, restaurants, hair salons and coffee shops. It is well located in between junctions with Commercial Street and Crichton Street, close to the heart of Dundee Waterfront.

The surrounding area is undergoing a £1 billion upgrade to transform the city into a world leading waterfront destination for visitors and businesses. The Victoria & Albert Museum, Caird Hall, Dundee Science Museum, City Quay Water Sports Centre, Olympia Leisure Centre, Slessor Gardens and the
proposed Eden Project are all within 5 minutes walk.

The new railway station, bus station, Overgate and Wellgate Shopping Centres, Gallagher Retail Park and two Universities – both Dundee and Abertay – are in close proximity, and the majority of the cities professional office occupiers are also in the surrounding area. Holiday Inn Express, Apex Hotel,
Malmaison and Sleeperz Hotel are also in close proximity.

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