Address: 6B Whitehall Street
Size: 2,050 ft² (190.44 m²)
Price: £40,000 per annum exc.

Prominent Retail Unit Within City Centre
Lease For Sale
LOCATION

Dundee is Scotland’s fourth largest city with a catchment population of circa 515,000 persons and an estimated population of circa 140,000 persons.

The property occupies a prominent position within Whitehall Street in the immediate vicinity of the Overgate Centre and adjacent to CEX.  Nearby retailers include Tiso, Toni Macaroni and Mozza.

DESCRIPTION

The property comprises the ground floor within 4 storey building, with the upper floors given over to residential accommodation.  The property is primarily open plan with accommodation to the rear.

ACCOMMODATION

From our measured inspection the property extends to the following areas and dimensions:

Gross Frontage:        32’ 8”                 (9.95 m)
Net Frontage:            31’ 0”                 (9.44 m)

Net Internal Area:     2,050 ft²            (190.44 m²)

LEASE TERMS

The property is held on the residue of an existing full repairing and insuring lease which is due to expire the 30th April 2027.  The current passing rent is £40,000 per annum exclusive and is subject to a forthcoming rent review with effect from the 1st May 2022. Further details on request.

Offers are sought for our client’s leasehold interest on the basis of a co-terminous sub-lease. 

RATES

The property is entered in the Valuation Roll as follows:

Description:                          Betting Office
Rateable Value:                   £41,700

ENERGY PERFORMANCE CERTIFICATE

The property has been assessed as Band ‘F’.  A copy of the Certificate is available on request.

LEGAL COSTS

Each party to be responsible for their own legal costs, with the ingoing Tenant being responsible for LBTT together with any costs incurred by the Landlord.

MONEY LAUNDERING REGULATIONS

To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding.  Applicable documentation will therefore be required on agreement of Heads of Terms. 

VIEWING/FURTHER INFORMATION

Strictly by appointment through this office.