Retail premises to let in Reform Street, Dundee DD1

Key Points

Description

The subjects comprise retail premises arranged over the basement, ground and first floor levels of a four storey building of traditional stone construction, contained under a pitched and slated roof.

The property benefits from an excellent retail frontage to Reform Street comprising a large full height single glazed display window with glazed entrance door.

Internally, the ground floor provides an open plan retail area with separate office, store and disabled WC. The basement and first floor are accessed via an internal staircase and provide additional office, staff, storage, training room and male and female toilets.

The premises have recently been granted a change of use from Class 2 (Financial) to Class 3 (Food & Drink).

Location

The property is located within the prime section of Reform Street, close its junction with High Street. Overgate Shopping Centre, the principal retail destination in Tayside, in is close proximity, as well as national occupiers including Boots, Ann Summers, Greene King Brewing, Coral Bookmakers and H Samuel.

The subjects are located within minutes walk of Dundee Waterfront, part of a £1 Billion upgrade which is transforming the City of Dundee into a world leading waterfront destination for visitors and businesses. The recently opened V&A Museum, Malmaison Hotel and new Dundee Rail Station are located nearby the subject premises.

Terms

The premises are immediately available by way of a new full repairing and insuring lease at an initial rent of £28,000 per annum.

Viewing

Westport Property will be pleased to arrange and accompany all viewing requests.

Entry Timescale

Immediately following successful conclusion of legals.

VAT

All prices, premiums and rents are quoted exclusive of VAT which may be payable.

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

Basement - 83.16 sq m (895 sq ft)
Ground - 97.66 sq m (1,051 sq ft)
First - 100.03 sq m (1,077 sq ft)

Total - 280.85 sq M (3,023 sq ft)