Summary

Property Type Restaurant / Cafe / Retail
Tenure To Let
Size 312 sq ft
Rent £9,000 per annum No VAT applicable
Rates Payable £2,589.60 per annum Qualifying occupiers may benefit from 100% rates relief.
  • MODERN FIT-OUT
  • CITY CENTRE POSITION
  • THRIVING LOCATION FOR INDEPEDENT BUSINESSES
  • 100% RATES RELIEF FOR QUALIFYING OCCUPIERS
  • CLOSE TO DUNDEE WATERFRONT

About

The subjects comprise a mid-terraced retail premises contained within a Category A Listed three storey building of traditional stone construction under a mansard style roof.

The premises are arranged over ground and basement floors are are currently fitted out and operational as a hot food takeaway which benefits from an excellent display frontage to Exchange Street.

Internally, the ground floor accommodation provides a serving area to the front with kitchen / food preparation area to the rear. Additional storage, staff and WC facilities are also provided.

Location

The subjects are well located on the south 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.

Gellatly Street multi storey car park is located a short walk from the premises.

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Further Information

  • Accommodation

    We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-

    28.96 sq m (312 sq ft)

  • Terms

    The premises are immediately available by way of a new full repairing and insuring lease at a rental of £9,000 per annum.

  • VAT

    No VAT applicable.

  • Business Rates

    The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-

    Shop - NAV/RV - £5,200

    Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme

  • Entry

    On conclusion of legal missives.

  • Viewing

    Please contact the sole letting agent on 01382 225 517.