£145,000

Office for sale

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Feudal

From

£145,000

(£92.77/sq. ft)

Office for sale

1st Floor, 87 Commercial Street, Dundee DD1

1,563 sq. ft

Local area information

Property location

Nearby amenities

  • High School of Dundee 0.1 miles
  • Our Lady's RC Primary School 0.4 miles
  • Dundee 0.4 miles
  • Invergowrie 3.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Dundee to find out more about the area.

Features and description

  • 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.

    Floor plans and tours

    Floor plans (1)

    Floor plan 1

    Tours (1)

    1 virtual tour available

    Step inside the property with a virtual tour or video walkthrough.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Westport Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Westport Property for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Dundee
    4. Dundee City Centre
    5. Commercial Street

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