Dundee is located on the East Coast of Scotland approximately mid-way between Aberdeen, circa 105 km (65 miles) to the north and Edinburgh, circa 96 km (60 miles) to the south overlooking the Tay Estuary and has a resident population of circa 155,000 persons and a catchment of some 235,000 persons (Census 2011).
Dundee is Scotland\'s fourth largest City and is the regional centre for employment, services and retailing within Tayside. The City has its own airport with daily flights to London (Stansted Airport) and sits on the main East Coast Railway Line which runs services into London (Kings Cross).
The Dundee Waterfront Project which with the benefit of circa £1 billion of investment seeks to transform Dundee into a world class destination for visitors and business. The project will be anchored by the V and A at Dundee an international centre of design which is due to open in September of this year and is expected to encourage significant numbers of visitors to Dundee.
Reform Street is a busy traditional retail thoroughfare within the centre of Dundee. The subjects lie in close proximity to Overgate the principle retail destination in Tayside, whilst other nearby occupiers include McDonalds, Boots, and a number of other local operators.
The subjects form part of an extensive 4 1/2 storey and basement Category \'B\' listed building with accommodation on the basement, ground, first and second floors. The main walls are of stone construction whilst the roof over is pitched and overlaid in slate with flat sections.
The subjects have been calculated on a gross internal area basis in accordance with the RICS Code of Measuring Practice (Sixth Edition).
The premises have been assessed for rating purposes and are entered in the valuation Roll at:
Net and Rateable value: £38,800.
The Unified Business Rate for the financial year 2018/2019 is pence exclusive of water and sewerage.
Our clients wish to lease the property for a term of years to be negotiated.
For the avoidance of doubt all prices quoted are exclusive of VAT.
Both parties shall be responsible for their own legal costs with the ingoing tenant assuming responsibility for LBTT and resistration dues.
For further information or viewing arrangements please contact the sole agents:
( Agency Pilot Software ref: 7995 )