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FG Burnett

FG Burnett

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Savills UK & Ireland

Savills UK & Ireland

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Unit D (External Unit), Wellgate Shopping Centre

Cowgate
Dundee, DD1 2DB

Use Class E

11,994 sq ft

POA

Use Class

E

Size

11,994 sq ft

Rent pa

POA

Marketed by FG Burnett,Savills UK & Ireland

Last updated 03/02/2020
Unit D (External Unit)

Key Points

  • The centre extends to over 338,000 sq ft of retail space over 3 levels.
  • 600 onsite parking spaces.
  • Anchor tenants include B&M, Xercise 4 Less and TJ Hughes.
Wellgate Shopping Centre offers 338,000 sq ft of retail space over three levels and boasts some of the city’s busiest shopping units with strong value anchors, including: B&M, Xercise 4 Less, Poundland and Iceland. With the emphasis on family value shopping, Wellgate has attracted many like-minded retailers and is established as a leading city centre retail destination. The Wellgate benefits from 600 onsite parking spaces and its prominent position and profile in the city make it a compelling retail opportunity.

The available accommodation is located at the front of the Centre with extensive frontage to Murraygate. The landlord proposes to comprehensively refurbish the accommodation, including recladding of the frontage onto Murraygate and internal reconfiguration. The unit can be subdivided to accommodate a range of requirements.
Dundee is Scotland’s fourth largest city with a population of 148,000. The city is a regional shopping destination with a large catchment population of 640,000. With two leading life science universities, the University of Dundee and the University of Abertay, Dundee benefits from a young population. The city offers exciting retail opportunities with ongoing regeneration further contributing to Dundee’s success as a visitor destination.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor 13,7951,281

Financial

Lease Type

New Lease

Lease Term

The unit is available on a new effectively FRI lease.

Legal

Each party will be responsible for their own legal costs incurred in the transaction with the in-going tenant to be responsible for any Land and Buildings Transaction Tax, VAT and registration dues.

Last Updated

03/02/2020

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 ©2021 Completely Property Technology Limited

FG Burnett

FG Burnett

Savills UK & Ireland

Savills UK & Ireland

Orchard Street Investment Management LLP

Orchard Street Investment Management LLP

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