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Commercial properties for sale in Smieton Street, DD7

Create Alert 76 results Sorry, we currently do not have any listings for sale in 0 miles of Smieton Street, DD7 - Please find below the nearest listings available.
For SalePOA
OR
For RentROA

PROPOSED GYM, CAFE / TAKEAWAY & FIRST FLOOR FLAT (2 NO. BED)



Location

The subjects occupy a prominent position on the west side of North Street, close to its junction with Market Street, on the northern outskirts of Forfar Town Centre.



Additional Details

Forfar is an established market town situated in north central Tayside immediately to the east of the A92 Dundee to Aberdeen trunk road, and is approximately 15 miles from Dundee, the principal administrative centre for the area. It has a population in excess of 14,000 people and is an attractive rural town surrounded by rich farmland.  It offers excellent amenities including both primary and secondary schooling.

Description 

The subjects comprise a mid terraced single storey building of traditional stone construction under a pitched and slated roof with single storey brick extension to the rear. 

The property was previously a nightclub venue, however, a planning application has been submitted and subsequently approved to create a new gym / fitness centre and cafe / takeaway at ground floor level and a 2 no. bedroom flat at first floor level. 

Accommodation

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

|  Floor  |  Description  |  sq m  |  sq ft |
|  Ground  |  Gym / Fitness Centre  |  292  |  3,143 |
|  Ground  |  Cafe / Takeaway  |  47  |  506 |
|  First   |  2 bed flat  |  85  |  915 |
|  Total  |     |  424  |  4,564 |

Terms

The subjects are available to lease on tenants full repairing and insuring terms. Alternatively, our clients may consider offers for the heritable proprietors interest.

Legal Costs

Each party will be responsible for their own legal costs in connection with the above transaction, with the tenant being responsible for any Land & Building Transaction Tax and VAT liability incurred thereon in.

VAT

Unless otherwise stated all prices, premiums and rents are quoted exclusive of VAT which may be payable.

Viewing Arrangements

To arrange a viewing of the subjects please contact the sole marketing agent, Westport Property Ltd.

89-91 North Street, Forfar, DD8 3BL
Type: Leisure Property, Other, Licensed & Leisure, Other Property Types & Opportunities
Location: 89-91 North Street, 89-91 North Street, Forfar, DD8 3BL
Size: 3649 Sq Ft
Images: 3
Brochures: 1
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For Sale£30,000.00
OR
For Rent£23.20 Sq Ft

Recently upgraded and fully equipped sandwich shop business located Close to Dundee University in the Cultural Quarter of Dundee.



Location

The subjects are located on the south side of West Port, close to its junction with Park Place, within a busy and popular parade of similar sized retail premises, in close proximity to Dundee University. The surrounding area is densely populated with a mixed residential/commercial location and accordingly the premises benefit from high footfall of pedestrians. The subjects comprise an attractive retail premises, which has been upgraded recently.



Additional Details

Accommodation and Area

The internal accommodation comprises a spacious and bright ground floor retail front shop accessed directly from West Port. The ground floor comprises a shop area with kitchenette and WC located at the rear. A stair case at the rear of the premises leads to a mezzanine floor used for preparation and storage. 

The layout of the shop lends itself to various retail uses. We have measured the internal accommodation in accordance with the RICS code of measuring practice sixth edition and find the gross internal to be as follows:

|  Floor  |  Size (sq ft) |
|  Ground  |  295.91 |
|  Mezzanine  |  135.95 |

The premises benefits from the following amenities:

Busy Central Location Modern Frontage Flexible internal layout Class 1 Retail consent Terms

The subjects are available To Let at the initial rent of £10,000 per annum.

A premium in excess of £30,000 is sought in respect of the business, fixtures, fittings and stock.

Viewing Arrangements

Please contact the sole selling agent, Westport Property Ltd.

40 West Port, Dundee, DD1 5ER
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 40 West Port, 40 West Port, Dundee, DD1 5ER
Size: 431 Sq Ft
Images: 6
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For SalePOA
New
3.7 ACRES PRIME COMMERCIAL DEVELOPMENT SITETHE ENTIRE SITE IS CURRENTLY ZONED AS A PRINCIPLE ECONOMIC DEVELOPMENT AREA AND IS THEREFORE SUITABLE FOR A VARIETY OF USES
Development Site, Kingsway West, , Dundee, DD2 3XX
Type: Other, Other Property Types & Opportunities
Location: Kingsway West,, Kingsway West,, Dundee, DD2 3XX
Images: 1
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For SalePOA
New
Pipers Lounge & Kitchen, 69-73 High Street, Monifieth, Angus DD5 4AA

Monifieth is the fifth largest town in Angus Council area, and lies on the north bank of the Firth of Tay and has a town population around 8,000. Lying 6 miles east of Dundee, 2 miles east from Broughty Ferry, and 5 miles west of Carnoustie, with its world famous Carnoustie Links, this coastal town has an Open Championship qualifying links golf course, an attractive sandy beach and various nearby caravan parks. The pub lies in the town centre on the busy A930 opposite the library and 100m from the local shopping centre.

Dating from around 1910, Pipers comprises a detached 2 storey plus attic sandstone building under slated roof with side and rear single storey extensions of varying styles and construction. With two customer entrances, internally the pub is laid out to provide a main bar and connected rear restaurant with split level trading areas (total circa 110 covers), customer toilets, commercial kitchen and separate front bar/games room. The first floor provides 4 en-suite bedrooms and there are 2 rooms and a toilet in the attic. Presently closed, the pub restaurant offers an opportunity to create a traditional bar and food business, attracting a local and a tourist or caravan park trade, with either upper floor letting bedrooms or owners’ accommodation. It has previously been a restaurant (see internal photograph taken when previously trading) but the layout and distinct trading areas allow individual operational flexibility.
Pipers Lounge & Kitchen, 69-73, High Street Monifieth, ANGUS, DD5 4AA
Type: Pubs/Bars/Clubs, Leisure Property, Licensed & Leisure
Location: Pipers Lounge & Kitchen, 69-73 High Street Monifieth, ANGUS, DD5 4AA
Size: 4312 Sqft
Images: 3
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For Sale£25,000.00
OR
For Rent£12.77 Sq Ft

EXCELLENT OPPORTUNITY TO ACQUIRE A POPULAR AND ESTABLISHED SALON BUSINESS WITHIN BUSY SHOPPING CENTRE



Location

The subjects are located in the heart of Monifieth and form part of the Monifieth shopping centre which is a popular mixed-use retail destination accommodating a wide variety of retail and food outlets including Farmfoods, Ladbrokes as well as a butcher, dentist, bakery and opticians. Monifieth is a vibrant retail centre which serves a densely populated residential surrounding area.



Additional Details

Description

The subjects comprise an attractive single storey commercial unit of brick construction under a flat felt roof which benefits from large display windows and glazed pedestrian entrances fronting on to High Street. 

Internally, the accommodation comprises a spacious and bright retail space with additional office / store, kitchenette and WC to the rear. The shop is fitted to an excellent standard with timber flooring, plasterboard lined walls and suspended ceilings incorporating modern spotlighting.

Accommodation

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

|  Floor  |  Sq.m.  |  Sq.ft. |
|  Ground  |  65.52  |  704 |

The Business

The business benefits form a lease expiring October 2019 with a passing rent of £9,000 per annum.

The unit has traded as a hair salon since 1980 and the current occupier enjoys strong levels of trade with many repeat customers providing a constant and reliable income throughout the year. The area hosts an abundance of shops and complimentary businesses, schools and residential housing generating much repeat trade. The business is only being offered for sale due to our clients relocation and we are of the opinion that this offers a walk-in opportunity, with superb potential for any passionate person looking to run a business in the heart of a much sought after location. 

Terms

The business is available to purchase with all fictures, fittings and equipment included. Stock will be available on a cost basis.

Our client is willing to consider offers in the region of £25,000 for their interest in the business.

Viewing

Strictly by appointment by the sole marketing agents.

20 High Street, Monifieth, DD5 4AE
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 20 High Street, 20 High Street, Monifieth, DD5 4AE
Size: 705 Sq Ft
Images: 5
Brochures: 1
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For SalePOA
OR
For RentROA

Hostel & Offices with Development Potential



Location

The premises are situated to the south side of King Street, a short distance east from its junction with East Marketgait, approximately half a mile north-east of Dundee city centre. The subjects are in close proximity to the Dundee Waterfront area which is currently undergoing a multi-million pound redevelopment comprising commercial and residential use to reconnect the city with the River Tay to the south. The Victoria & Albert Museum will form the central attraction of the Waterfront area.



Additional Details

Description

The subjects comprise a two storey and attic former mill building of stone wall construction under a pitched and slated roof with dormer windows to the front.

We understand the premises were originally built in 1830, but later converted to offices in circa 1913.  As such, it includes a number of ornate features both internally and externally including three arched entrances from King Street and stone parapets. The building is currently Category B Listed, as being of special architectural and historical merit.

Internally, the premises have been refurbished in recent years to provide modern office accommodation at ground floor level, and secure residential / hostel accommodation and first and attic floor level.

Accommodation

We have calculated the approximate gross internal floor area of the subjects, in accordance with the RICS Code of Measuring Practise (6th Edition), to be as follows:-

|  Description  |  Sq.m.  |  Sq.ft. |
|  Ground floor office and 1st / 2nd floor hostel  |  2,006  |  21,600 |

 VAT

Unless otherwise stated all prices, premiums and rents are quoted exclusive of VAT which may be payable.

Legal Costs

Each party will be responsible for their own legal costs in connection with the above transaction with the tenant being responsible for any stamp duty and VAT liability incurred thereon in.

Viewing

Viewing strictly by appointment with the sole agents.

East Port House, 67 King Street, Dundee, DD1 2JY
Type: Land, Office, Commercial Land, Offices
Location: East Port House, 67 King Street, East Port House, 67 King Street, Dundee, DD1 2JY
Size: 21600 Sq Ft
Images: 4
Brochures: 1
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For SalePOA
New
The subjects comprise the ground and basement floors of a traditional stone built end terraced tenement building. Access to the unit is via a power assisted door.

- The property is situated in a prominent corner position on the west side of Albert Street.
- The property we understand has Class 2 Planning Use providing permitted change to Class 1 (Shops).
- The subjects have a EPC rating of 'G'.
- The property will be sold at the SVA Property Auction on Wednesday, 19th September.
- The Auction will take place at the Trades Hall, 85 Glassford Street, Glasgow.
For Sale - 133 Albert Street, Stobswell, Dundee
Type: General Retail, Retail - High Street, Retail
Location: 133 Albert Street, Stobswell, Dundee, DD4 6PR
Size: 1335 Sq Ft
Images: 1
Brochures: 1
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For SalePOA
14 Lochside Road
Type: General Industrial, Industrial
Location: 14 Lochside Road, Forfar, DD8 3JD
Size: 2579 Sq Ft
Images: 3
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For SalePOA
The Jimmy Shand, Dickson Avenue
Type: Other, Other, Other Property Types & Opportunities
Location: The Jimmy Shand, Dickson Avenue, Dundee, DD2 4HJ
Images: 5
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For SalePOA
11 Dens Road
Type: Other, Other Property Types & Opportunities
Location: 11 Dens Road, Dundee, DD3 7SR
Size: 1635 Sq Ft
Images: 3
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For SalePOA
20 Milnbank Road
Type: Other, Other Property Types & Opportunities
Location: 20 Milnbank Road, Dundee, DD1 5QE
Size: 18000 Sq Ft
Images: 6
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For Sale£50,000.00

Opportunity to purchase newly fitted out cafe business situated in Dundee Waterfront.



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 Waterfront, part of a £1 Billion upgrade "to transform the City of Dundee into a world leading waterfront destination for visitors and businesses" - Dundee Waterfront Vision. The recently opened Mal Maison Hotel is located immediately above the subject premises.



Additional Details

The subjects comprise an immaculately presented city centre cafe premises extending over two floors, located beneath the Mal Maison Hotel. The premises has been completely refurbished and is currently fitted to a very high standard with customer seating on both floors and on the pavement out with. The business trades as "Empire State Artisan Coffee Roasters" which has a strong trading record and excellent reputation in Dundee and Broughty Ferry.

Accommodation and Area

We have measured the premises in accordance with the RICS code of measuring practice 6th Edition as follows:

|  Floor  |  Size (sq ft) |
|  Ground floor  |  546 sq ft |
|  Basement floor  |  530 sq ft |
|  Total  |  1,076 sq ft |

The premises benefits from the following amenities:

Customer seating extending over ground and basement floors Recent modern fit-out Attractive frontage in Waterfront location Pavement seating Profitable business Terms

The business is available to purchase by way of a TOGC and sub-lease of the current tenant's leasehold interest.

The annual rent is £14,000 and a premium of £50,000 is sought for the fixtures, fittings, goodwill and stock. 

Viewing Arrangements

Please contact the sole selling agent, Westport Property Ltd.

28 Whitehall Crescent, Dundee, DD1 4AY
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 28 Whitehall Crescent, Dundee Waterfront, Dundee, DD1 4AY
Size: 1076 Sq Ft
Images: 5
Brochures: 1
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For SalePOA
OR
For RentROA
22 Mid Road
Type: Office, Offices
Location: 22 Mid Road, Dundee, DD3 7RP
Size: 2494 Sq Ft
Images: 7
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For SalePOA
Land At Balgarthno
Type: Other, Land, Other Property Types & Opportunities, Commercial Land
Location: Land At Balgarthno, Dundee, DD2 4QN
Size: 69.16 Acre
Images: 1
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For Sale£100,000.00
• Development Potential• Suitable For a Range of Uses including, Professional, Office, Salon and Surgery (Subject to Planning)• Net Internal Area 147 Sq.M.
87 Commercial Street, Dundee, Angus, DD1 2AB
Type: Office, Offices
Location: Commercial Street, Commercial Street, Dundee, DD1 2AB
Size: 1582 Sq Ft
View Property
For Sale£800,000.00

INVESTMENT / DEVELOPMENT OPPORTUNITY



Location

Seagate House is located on the north side of Seagate, directly opposite Dundee Bus Station within the heart of Dundee city centre. The premises have good access to the Tay Road Bridge and main traffic routes and are well served by public transport services. The subjects are in close proximity to the Dundee Waterfront Area which is currently undergoing a multi-million pound redevelopment comprising commercial and residential use to reconnect the city with the River Tay to the south. The Victoria & Albert Museum will form the central attraction of the Waterfront Area. The city of Dundee has a population of approximately 145,000 and a regional catchment population estimated in the region of 400,000. The city is well connected to the rest of Scotland, with approximately 90% of Scotland’s population being within 90 minutes’ drive time of the city. Dundee has two Universities – The University of Dundee and the University of Abertay – with over 20,000 students resident in the city.



Additional Details

Regeneration

Dundee is one of the UK’s most progressive cities with a rolling investment programme which continues apace. By far the largest regeneration project is the Dundee Waterfront Regeneration, a £1billion project to reconnect the city to the waterfront and create a high quality, mixed use, riverside urban quarter right in the heart of the city. The development will be one of Western Europe’s most extensive and transformative waterfront projects and one of Scotland’s biggest waterfront regenerations. The project has recently been ranked as a UK Top 20 regeneration project and is expected to become Scotland’s first sustainable community.

Description

Seagate House is a four storey building which dates from approximately 1970. The building is of concrete framed construction under a flat roof. The flat roof was renewed in 2006. The office accommodation at Seagate House is arranged over first, second and third floors, with suites arranged on either side of a central stairwell and service core.

There is an 8 person passenger lift serving all floors.

The accommodation is fully refurbished internally, providing excellent open plan office space, with gas fired radiator central heating, double glazing, suspended ceilings and good modern toilet accommodation to each suite.

Accommodation

We estimate the net internal floor area of the accommodation to be as follows:

|  Floor  |  Suite  |  Sq.M.  |  Sq.Ft. |
|  Ground  |  West*  |  244.9  |  2,637 |
|  Ground  |  East  |  44.0  |  474 |
|  1st  |  West*  |  208.8  |  2,248 |
|  1st  |  East  |  201.0  |  2,163 |
|  2nd  |  West*  |  208.8  |  2,248 |
|  2nd  |  East  |  201.0  |  2,163 |
|  3rd  |  West  |  208.8  |  2,248 |
|  3rd  |  East  |  201.0  |  2,163 |
|  Total  |     |  1,518.3  |  16,343 |

This approximate net internal floor area has been calculated in accordance with the RICS Code of Measuring Practice
(6th edition).

*Occupied by Dundee Carers Centre
*Cerberus Technologies

Rating

The property has been entered in the valuation roll and can be viewed at www.saa.gov.uk by entering the postcode DD1 2HB.

Energy Performance Certificate (EPC):

The subjects have an EPC rating of ‘C’. Further information is available on request from the joint marketing agents.

Price

Offers over £800,000 ex VAT.

Legal Costs

Each party shall be responsible for their own legal costs incurred in connection with any transaction.

VAT

Unless otherwise stated prices, premiums and rents quoted are exclusive of VAT which may be payable. 

Seagate House, 132-134 Seagate , Dundee, DD1 2HB
Type: Land, Other, Office, Commercial Land, Other Property Types & Opportunities, Offices
Location: Seagate House, 132-134 Seagate, Seagate House, 132-134 Seagate, Dundee, DD1 2HB
Size: 16343 Sq Ft
Images: 7
Brochures: 1
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For SalePOA
134 Dundee Street
Type: Retail Park, Retail
Location: 134 Dundee Street, Carnoustie, DD7 7PP
Size: 1001 Sq Ft
Images: 3
View Property
For Sale£40,000.00
Centrally located OfficeDevelopment Opportunity 100% Rates Relief Suitable for a range of uses (subject to Planning)
265a High Street, Arbroath, Angus, DD11 1EE
Type: Office, Offices
Location: High Street, High Street, Arbroath, DD11 1EE
Size: 1375 Sq Ft
Images: 1
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For SalePOA
OR
For RentROA

ON SITE AREA OF 5.75 ACRES



Location

The subjects are situated on the north east side of Charles Bowman Avenue within Claverhouse Industrial Park, an established business park located adjacent the A90 Dundee to Aberdeen Road, one of the citys principal arterial routes. As such, it enjoys excellent road links to the Scottish motorway network. Dundee is Scotland’s fourth largest city with a resident population of approximately 150,000 and an estimated catchment of some 600,000 persons, and serves as the principal employment centre for Tayside and East Fife. Dundee commands a strategic position within Scotland with access to 90% of the country’s population within 90 minutes drive.



Additional Details

Description

The subjects comprises two adjoining warehouses with internal two storey office block and a concrete surfaced yard area to the front of the building. The surrounding site extends to approximately 5.75 acres and is well fenced and secure.

The warehouse accommodation is of steel portal frame construction with concrete slab floors under an insulated pitched profile clad roof. Internally they have an eaves height of approximately 6.0 metres, lighting provided by sodium fitments supplemented by translucent roof panels, and a gas blower heating system.

Access to the warehouse is provided from Charles Bowman Avenue via a roller shutter door and two dock levellers.

The office block is of brick construction and provides a mixture of cellualr and open plan accommodation which benefits from flourescent strip lighting, suspended ceilings and perimeter trunking.

Accommodation

The premises have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:-

|  Description  |  Sq.m.  |  Sq.ft. |
|  Unit 1  |  4,682  |  50,402 |
|  Unit 2  |  2,540  |  27,341 |
|  Total  |  7,222  |  77,743 |

Terms

Our clients are seeking to let the property on full repairing and insuring terms for a term to be agreed.

Alternatively our clients invite offers for the heritable proprietors interest. Further information is avaiable from the sole marketing agents.

Viewing

Strictly by appointment by the sole agents.

Unit K Charles Bowman Avenue, Dundee, DD4 9UB
Type: Warehouse, General Industrial, Light Industrial, Industrial
Location: Unit K Charles Bowman Avenue, Unit K Charles Bowman Avenue, Dundee, DD4 9UB
Size: 27341 - 77743 Sq Ft
Images: 4
Brochures: 1
View Property
For SalePOA
OR
For Rent£5.00 Sq Ft

REFURBISHED CITY CENTRE OFFICES



Location

Seagate House is located on the north side of Seagate, directly opposite Dundee Bus Station within the heart of Dundee city centre. The premises have good access to the Tay Road Bridge and main traffic routes are well served by public transport services.



Additional Details

Description

Seagate House is a four storey building which dates from approximately 1970. The building is of concrete framed construction under a flat roof. The flat roof was renewed in 2006. The office accommodation at Seagate
House is arranged over first, second and third floors, with suites arranged on either side of a central stairwell and service core.

There is an 8 person passenger lift serving all floors.

The accommodation is fully refurbished internally, providing excellent open plan office space, with gas fired radiator central heating, double glazing, suspended ceilings and good modern toilet accommodation to each suite.

Car parking options available on request.

Accommodation

We estimate the net internal floor area of the accommodation to be as follows:

 

|  Floor  |  Suite  |  Sq.M.  |  Sq.Ft. |
|  1st  |  East  |  201.0  |  2,163 |
|  2nd  |  East  |  201.0  |  2,163 |
|  3rd  |  West  |  208.8  |  2,248 |
|  3rd  |  East  |  201.0  |  2,163 |
|  Total  |     |  811.8  |  8,737 |

This approximate net internal floor area has been calculated in accordance with the RICS Code of Measuring Practice
(6th edition).

Rating

The property has been entered in the valuation roll and can be viewed at www.saa.gov.uk by entering the
postcode DD1 2HB.

Lease Terms

Seagate House is offered for lease either as a whole or in individual suites on new full repairing and insuring lease terms for a negotiable period.

Rental

Extremely competitive, at £5 per sq ft per suite.

VAT

Unless otherwise stated all prices, premiums and rents quoted are exclusive of VAT which may be payable.

Legal Costs

Each party shall be responsible for their own legal costs incurred in connection with any transaction, with the tenant
being responsible for stamp duty and VAT liability incurred thereon.

Seagate House, 132-134 Seagate, Dundee, DD1 2HB
Type: Office, Offices
Location: Seagate House, 132-134 Seagate, Seagate House, 132-134 Seagate, Dundee, DD1 2HB
Size: 2200 - 8737 Sq Ft
Images: 8
Brochures: 1
View Property
For SalePOA
Extensive Ground Floor Bar, with Function Suite & Beer Garden
Let on F.R.I Lease
Expiry 25th June 2023
Passing Rent: £15,000p.a.x.
£160,000 Representing a G.I.Y. of 9.37%

Location
The subjects are situated on the North side of Camperdown Road to the East of its junction with MacAlpine Road within the densely populated Camperdown area of Dundee.

Subjects
The subjects comprise a single storey public house with terrace to the front elevation and beer garden to the side. The subjects are surmounted by a flat roof overlaid by what we believe to be bituminous felt.

Internally the subjects form main public bar, kitchen, cellar, games room and self contained function suite. The subjects have been recently refurbished by the previous occupier by way of painting throughout and upgraded lighting. The main bar offer extensive servery of traditional construction with a mix of fixed and loose tables and chairs, with seating for approx 40. The subjects benefit from extensive kitchen suitable for bar meals or gastro-pub style dining, with opportunity for the adjacent games room to accommodate more patrons up to a further 25 persons.

The subjects also benefit from separate function suite with private servery, open plan dance floor and raised stage to accommodate c. 100 persons. The subjects benefit from extensive paved beer garden and front terrace.

NAV/RV
The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£21,200

Investment

Tenant: Dundee Pubs (Property) Ltd
Term: Expiry 25th June 2023 (c. 5years Remaining)
Type: Full Repairing & Insuring
Passing Rent: £15,000p.a.x

Proposal

Our client is offering their freehold interest in the subjects for £160,000 representing a Gross Initial Yield of 9.37%. The transaction will be treated as a T.o.G.C.

V.A.T
All prices and premiums quoted are exclusive of V.A.T.

E.P.C.
Available on request
Investment For Sale: 101 Camperdown Road, Dundee
Type: Pubs/Bars/Clubs, Pubs/Bars/Clubs, Leisure Property, Licensed & Leisure
Location: 101 Camperdown Road, DD3 8RF
Images: 3
Brochures: 1
View Property
For Sale£350,000.00
Residential Investment OpportunityCurrently fully let offering a 9% return West End LocationPotential to increase revenue.
13 Blackness Street, Dundee, Angus, DD1 5LR
Type: Residential
Location: Blackness Street, Blackness Street, Dundee, DD1 5LR
Images: 1
View Property
For SalePOA

FIRST FLOOR OFFICE WITH POTENTIAL FOR RESIDENTIAL DEVELOPMENT



Location

The subjects are located on the east side of Whitehall Street, in between it junctions with Nethergate and Whitehall Crescent, and in close proximity to the Overgate Shopping Centre, the principal shopping destination in Tayside. Whitehall Street is a popular location for business users with surrounding occupiers including Blackadders and Thorntons. There are also other retail and restaurant occupiers such as Tony Macaroni, Nandos and Jimmy Chungs, along with local/regional traders. To the south Whitehall Street connects to Whitehall Crescent which contains a number of professional service providers such Estate Agents, Your Move, Grant Management and Tayside Solicitors Property Centre. Whitehall Crescent links to the Dundee Waterfront area which is currently undergoing a multi-million-pound redevelopment comprising commercial and residential use. The Victoria & Albert Museum will form the central attraction of the Waterfront area once completed (Sept 2018), and Malmaison Hotels and Sleeperz Hotel are also located immediately to the south of the subject premises.



Additional Details

Description

The subjects comprise a first floor office suite which form part of a substantial four storey and attic tenement building of sandstone construction under a pitched and slated roof. We understand the premises were originally built in the 1880’s and are currently Category B Listed.

The main access is provided from Whitehall Street with access to the upper floors through an inner hall and stairwell. Internally, the office provides an entrance hall, open plan reception, 4 office rooms with additional kitchen, male and female WC’s and storage facilities. The accommodation is fitted out with a mixture of carpet and timber panel flooring, plasterboard walls and ceilings, gas central heating, and single glazed timber framed sash windows which are supplemented by fluorescent strip, pendant and wall mounted lighting.

Accommodation

We have undertaken a full measured inspection in accordance with the RICS Code of Measuring Practice (6th Edition). From this we estimate the Net Internal Area of the accommodation to be as follows:-

100.37 sq m (1,080 sq ft).

Legal Costs

Each party will be responsible for their own legal costs in connection with the above transaction, with the purchaser being responsible for any Land & Building Transaction Tax and VAT liability incurred thereon in.

Viewing

Strictly by appointment with the marketing agent.

Suite 1/1, 38 Whitehall Street, Dundee, DD1 4AF
Type: Land, Office, Commercial Land, Offices
Location: Suite 1/1, 38 Whitehall Street, Suite 1/1, 38 Whitehall Street, Dundee, DD1 4AF
Size: 1080 Sq Ft
Images: 5
Brochures: 1
View Property
For Sale£75,000.00
• NEW 5 YEAR FRI LEASE
• £9,540 PER ANNUM
• OFFERS OVER £75,000
• RPI RENT REVIEWS
• 11% INITIAL YIELD
• PROMINENT RETAIL PITCH IN TOWN CENTRE
• GOOD LEVELS OF PARKING
• REAR LOADING AND PRIVATE PARKING SPACE
• QUALIFIES FOR 100% RATES RELIEF

LOCATION

Arbroath is a former royal burgh and the largest town in the council area of Angus in Scotland, and has a population of 23,902. It lies on the North Sea coast, around 16 miles North East of Dundee and 45 miles South West of Aberdeen.
The A92 road connects Arbroath to Dundee and Fife to the south west, and Stonehaven in the north east. The A92 joins the A90 north of Stonehaven and leads to Aberdeen further north. The A92 is dual carriageway from the southern outskirts of Arbroath to the northern outskirts of Dundee, the A92 proceeds through Dundee before crossing the Tay estuary into Fife via the Tay Road Bridge. The A90 can also be reached at Dundee heading both north (to Aberdeen) and south (to Perth and Edinburgh).
The subjects are located on the western side of High Street at its junction with Ponderlaw Street and at the end of the pedestrianized area allowing for better vehicular access. High Street forms a prime retail pitch within Arbroath.

DESCRIPTION

The subjects comprise a ground floor mid terraced retail property within a parade of similar shops. The property has been extended to the rear with a two storey building with private car parking space and loading area.
Internally, the subjects provide retail area, office and back shop at ground floor with the first floor providing kitchen area and w.c.
As from 1st March 2018, the property is leased to Yard’s Games Ltd trading as “Abbey Video Games.” The tenant has a good local and national following online (online sales). The lease is drawn along standard FRI terms at a passing rent of £9,540 per annum with RPI linked rent reviews.

FLOOR AREAS

From sizes provided by our client, we understand that the subject property, measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate gross internal area (GIA):
103m2/1,110 sq ft

PROPOSAL

Offers over £75,000 are sought.

RATING

The subjects qualify for 100% rates relief for 2017/2018.
The Rateable Value of the property is £12,100
Please contact local rating office for further information

PLANNING

All queries in relation to planning permission and use class of the subjects should be addressed to Angus Council Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale of the property.

VAT

N/a

EPC

G
For sale Retail Investment
Type: Retail, Retail - High Street, Offices, Office
Location: 140 High Street, Arbroath, DD11 1HN
Size: 1110 Sq Ft
Images: 3
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