Office for sale in 1st Floor, 87 Commercial Street, Dundee DD1, £145,000

145,000.00

Offer Nr.:
64389843
Type of ad:
for Sale
Property type:
Office
Contact name:
Westport Property
Phone(s):
01382 935992

* Feudal
**Key Points**
* Prominent city centre location
* Close to dundee waterfront
* High quality modern fit - out
* Grade A listed building (100% rates relief whilst unoccupied)
* Flexible lease terms
* Avaialble from summer 2023
**Description**
The subjects comprise a first floor office suite which form part of a
substantial four storey and attic tenement building. We understand the
premises were originally built in the 1880’s and are currently Category A
Listed.
The main access is provided from Commercial Street with access to the upper
floors through an attractive and well maintained inner hall and stairwell.
Internally, the office is arranged to provide a reception area, 5 no. Office
rooms, kitchen, male and female WC’s, store/comms room and a walk in safe. The
accommodation is fitted out to an excellent modern standard with carpet
flooring throughout, perimeter trunking, a mixture of fluorescent strip and
wall mounted lights supplementing ample natural light through single glazed
sash windows. Heating is via a gas central heating system.
**Location**
The subjects are located on the north east side of Commercial Street, close to
it junctions with High Street and Murraygate within Dundee City Centre.
Commercial Street is considered one of Dundee's principle business locations
with a mix of national and local occupiers all within close proximity to the
main retail thoroughfare and both the Overgate and Wellgate Shopping Centres.
Occupiers nearby include Costa, Tesco, The Body Shop, Blackadders and HSBC.
There are also other retail and restaurant occupiers such as Tony Macaroni,
Taco Bell and Nandos, along with local/regional traders.
Commercial Street links to the Dundee Waterfront area which is currently
undergoing a multi - million - pound redevelopment. The Victoria & Albert
Museum forms the central attraction of the Waterfront with Malmaison and
Sleeperz Hotels also located close to the subject premises.
**Accommodation**
We have measured the premises in accordance with the RICS Code of Measuring
practice 6th Edition as follows:
First Floor - 145. 19 sq m (1, 563 sq ft)
**Terms**
The premises are available on tenant's full repairing and insuring terms for a
term to be negotiated at a rental of £16, 000 per annum.
Alternatively, our clients will consider offers of £145, 000 for the heritable
proprietors interest.
**Business Rates**
The premises are currently entered in the Valuation Roll with a Rateable Value
as follows: -
_
Nav/rv_ \ - Office - £12, 900
Any new occupier will have the right to appeal this rating assessment.
**VAT**
No VAT applicable.
**Viewing Arrangements**
Please contact the sole marketing agents, Westport Property, to arrange a
viewing.

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