This Property is currently unavailable

This property is currently unavailable, if you would like more infomation please contact our support team

For more properties within this area click here

Unit L8, Overgate Shopping Centre Overgate Shopping Centre, Dundee, DD1 1UF

£ 130,000 pa / 1,906 sq ft
DUNDEE - Unit L8, Overgate Shopping Centre, DD1 1UF, Dundee - Picture 2020-07-03-10-09-37
Use Class

Use Class

E

Size

Size

1,906 sq ft

Rent pa

Rent pa

£130,000

Prime Shop Lease For Sale

  • Scotland's 4th City

  • Dominant Retail Scheme

  • Prime Position

Dundee is Scotland’s fourth city and is located approximately 60 miles north of Edinburgh, 70 miles north east of Glasgow and 70 miles south of Aberdeen. The city benefits from a resident population of approximately 148,000 persons and an estimated catchment population in excess of 600,000 persons within a 30 mile radius. The city benefits from a sizeable student population of approximately 42,000 persons. Following the opening of the V&A Museum on Dundee’s Waterfront in September 2018 the city has been considerably bolstered by an additional 830,000 tourists visiting the city in the first year alone. The Overgate Shopping Centre is the dominant retail destination in Dundee city centre extending to approx. 420,000 sq ft split over 2 floor levels. Anchor tenants include Debenhams, Primark, New Look, Boots, H&M and Superdry. Other retailers represented include Foot Asylum, Schuh, JD, Apple and TopShop. Footfall is estimated at approx. 14 million person per annum. The subjects are located in a 100% prime location in the lower mall with nearby retailers including Holland & Barrett, Tiger, Claires, Schuh and JD

Key Information

Viewing

Strictly by appointment.

Accommodation

1,906 Sq.Ft

The subjects comprise a modern retail unit arranged over ground floor

Areas
Sq.Ft
Sq.M
Ground Floor
1,906
177

Financial

Lease Term

The property is held on a full repairing and insuring lease expiring 23rd June 2021.

Rent

Subject to contract, rental offers are invited in the region of £130000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

Latest service charge expenditure for the current financial year is approx. £19,302 per annum.

Rates

Rateable Year:
2020
Rateable Value:
£103,250.00
Rates payable:
£53,277.00
UBR:
51.6p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 04/08/2023