Dundee is Scotland’s fourth largest city and is the regional centre for employment services and retailing within the Tayside region.
Reform Street is a busy retail thoroughfare within Dundee City Centre within the immediate vicinity of Overgate Shopping Centre, the principal retail facility within Tayside.
Nearby occupiers are a mix of multiple and local traders to include, Heavenly Desserts, GDK, Oxfam and a number of local traders.
The property occupies an extremely position within Reform Street offering basement, ground, first and second floor occupation within a Category B listed building.
From our measured inspection, the property extends to the following areas and dimensions:-
Gross Frontage: 15’ 9” (4.8 m)
Net Frontage: 14’ 0” (4.26 m)
Basement: 1,030 ft² (95.6 m²)
Ground Floor: 987 ft² (91.6 m²)
First Floor: 1,573 ft² (146.0 m²)
Second Floor: 1,310 ft (121.7 m²)
The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed incorporating regular upward only rent reviews.
Upon application.
The property currently benefits from Class A1 planning consent.
Our clients have made an application for Class 3 consent.
The property is entered in the Valuation Roll as follows:-
Description - Shop
Rateable Value 26/27 - £17,400
A copy of the EPC is available upon request.
Each party to be responsible for their own legal costs with the ingoing tenant being responsible for LBTT.
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.
Strictly through this office.
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| Dundee - 43 Reform Street.pdf |