From
£1,500,000
(£811.69/sq. ft)
Property for saleCity Quay, Camperdown Street, Dundee DD1
From 1,848 - 4,047 sq. ft
Available immediately
Freehold
About this property
Rare portfolio purchase
Popular waterfront location
Established business location
Car parking available
Various asset management opportunities
Offers in the region of £1,500,000 invited
Circa 25% discount from aggerate Market Value
Part income producing
The subjects can be described in more detail as follows;
Unit 5a - The subjects comprise high quality and modern, ground floor retail/office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. Internally the property is modern throughout and largely open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 10 - The subjects comprise a ground floor office currently let to Capability Scotland. Capability Scotland have recently extended their lease for a further 5 years from 11/2026 which incorporates a tenant break option at year 3. The rent passing has increased to £40,000 pa. Capability are a long standing tenant.
Unit 27 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout and a mixture of cellular and open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 28 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout largely offering individual/private offices off an open plan reception area. Accommodation is flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 30 - The subjects comprise a ground floor office currently let to Urban Foresight. The lease to Urban Foresight expires 11/09/2027 and the passing rent is £35,000 per annum. Urban Foresight are a longstanding tenant.
Unit 31/32 - The subjects comprise a ground floor office currently let to Brewin Dolphin. The lease to Brewin Dolphin expires 25/03/2033, subject to a tenant break option in 03/2028. The passing rent is £57,500 per annum. Brewin Dolphin are a longstanding tenant.
Opportunity
The portfolio for sale is a mixture of vacant and tenanted units. A future purchaser will have the opportunity to asset manage the subjects and increase rents via future leasing opportunities and any upcoming lease events.
Unit 5a - The subjects comprise high quality and modern, ground floor retail/office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. Internally the property is modern throughout and largely open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 10 - The subjects comprise a ground floor office currently let to Capability Scotland. Capability Scotland have recently extended their lease for a further 5 years from 11/2026 which incorporates a tenant break option at year 3. The rent passing has increased to £40,000 pa. Capability are a long standing tenant.
Unit 27 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout and a mixture of cellular and open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 28 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout largely offering individual/private offices off an open plan reception area. Accommodation is flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 30 - The subjects comprise a ground floor office currently let to Urban Foresight. The lease to Urban Foresight expires 11/09/2027 and the passing rent is £35,000 per annum. Urban Foresight are a longstanding tenant.
Unit 31/32 - The subjects comprise a ground floor office currently let to Brewin Dolphin. The lease to Brewin Dolphin expires 25/03/2033, subject to a tenant break option in 03/2028. The passing rent is £57,500 per annum. Brewin Dolphin are a longstanding tenant.
Opportunity
The portfolio for sale is a mixture of vacant and tenanted units. A future purchaser will have the opportunity to asset manage the subjects and increase rents via future leasing opportunities and any upcoming lease events.
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