Summary

Property Type Retail
Tenure To Let
Size 1,037 sq ft
Rent £15,000 per annum ex VAT
Rates Payable £7,420.20 per annum Qualifying occupiers may benefit from a 27.50% rates relief.
  • CITY CENTRE POSITION
  • THRIVING LOCATION FOR INDEPEDENT BUSINESSES
  • CLOSE TO DUNDEE WATERFRONT
  • FLEXIBLE TERMS
  • IMMEDIATE ENTRY

About

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.

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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18B Exchange Street - IMG_4833.JPG

Further Information

  • 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.