Retail, 40 Commercial Street

Retail, 40 Commercial Street <br/>Dundee<br/>DD1 3EJ <br/>City Centre<br/>Property Image

Details

Retail, 40 Commercial Street
Dundee
DD1 3EJ
City Centre
47.01 sq.m (506 sq.ft)

Agent(s)

Westport Property
3 Old Hawkhill
3 Old Hawkhill
Dundee
DD1 5EU
01382 225517
fergus@westportproperty.co.uk
http://www.westportproperty.co.uk

Location

The City Centre is accessed from Marketgait, the inner ring road and Dock Street (A92), the A92 being a main arterial route between Aberdeen and Fife. Murraygate, the main shopping precinct in Dundee, is a bustling area with many household names, including Marks & Spencer, Tesco & Costa. Various streets run perpendicular to Murraygate, most notably Commercial Street, Castle Street and Reform Street, occupied by nationals and independents and is flanked by the Wellgate Centre, on the East and the Overgate Centre, on the West.

Description

The subjects comprise a ground and basement floor retail premises forming part of an attractive historic building. The property is arranged internally to provide an open plan ground floor retail space benefitting from large display windows to Commercial Street. A central staircase provides access to a basement which provides ample storage accommodation as well as a single WC.

Accommodation

  • We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-
  • Ground Floor Shop - 47.01 sq. m (506 sq. ft)

Other Relevant Information

  • No VAT applicable. The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-
  • Shop - NAV/RV - £8,400
  • Qualifying occupiers may benefit from full rates relief under the Small Business Bonus Scheme.

Terms

Lease Details - The premises are immediately available by way of a new full repairing and insuring lease at a rental of £12,000 per annum.
Rent - £12,000 per annum

Rates

Rateable Value - £8,400

Last Updated

29/11/2023