123 High Street

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Key Points

Summary

RETAIL INVESTMENT

Description

The subjects comprise an attractive single fronted commercial property located within the heart of Lochee. The internal accommodation benefits from a modern open play layout and fit-out to the front with a staff kitchenette and WC to the rear. The frontage incorporates security shutters to the window.

Viewings

Strictly by appointment by the sole agents, Westport Property.

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 on the East side of Lochee High Street, within the heart of the regeneration zone. Surrounding occupiers are a mixture of national and local retail traders.

Terms

The property is let to a private individual operating a barber shop at a rental of £5,000 per annum on a full repairing and insuring basis, on a 5 year lease from 1st March 2021 with a tenant only break option on the 3rd anniversary of the date of entry.

Promo

RETAIL INVESTMENT

VAT

All prices, premiums and rents are quoted exclusive of VAT which may be payable.

Accommodation

We have measure the premises in accordance to the RICS Code of Measuring Practice to be as follows:- 3.47 sq m (328 sq ft)