Sold
Retail
103 High Street, Lochee, Dundee, DD2 3BX
Tenure: To Let
Size: 1,497 sq ft (139 sq m)
Rent: Offers Over £15,000 per annum

Key Features

  • Former pharmacy unit with excellent main road frontage
  • Flexible space well suited to a variety of uses, busy central location within Lochee
  • • NIA of circa 139.12 sq.m (1497 sq.ft)

The subjects are arranged over the ground floor a 4 storey, mid terraced building which is of traditional stone construction, under a pitched and slated roof. 

 

The retail frontage to High Street comprises 2 aluminum/glazed display windows together with an aluminum/glazed entrance, all benefit from roller security shutters.

 

Internally it is arranged to provide an open plan retail section to front, incorporating a private room.  A staff kitchen, WC and office are located to the rear at the rear with a further stock room to the left of the main retail area.  The internal layout could be adapted to suit a wide range of alternative uses.

 

The properties are situated in the city of Dundee with an estimated population of circa 150,000.  The city lies on the eastern side of Scotland on the northern banks of the Firth of Tay and is home to two universities, an airport and significant Scottish businesses including Lions Trust, Stagecoach and D C Thompson. The city is enjoying a new vibrance driven by a £1bn transformation of the Water Front including upgraded infrastructure and completion of the new iconic V & A Dundee, an International Centre for Design. This investment has also been pivotal in the city attracting new hotel groups who are expected to deliver almost 1,000 additional rooms due to predicted increase in tourism. In total, this investment is targeting in excess of 7,000 new jobs improving the city’s profile for both residential and commercial development opportunities.

 

The property is located on the eastern side of High Street, opposite it’s junction with Bank Street and lying within the primary retailing pitch for Lochee.  The surrounding area is a mix of both commercial and residential with nearby operators including Boots, Betfred and Baynes Bakers.

 

 

Accommodation

 

We calculate that the subjects extend to an approximate net internal area as follows:

 

139.12 sqm (1497 sq ft).

 

Rent

Price

 

Offers in excess of £130,000 exclusive are invited for the benefit of our clients interest.

 

Rateable value

 

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £17,600.

 

The uniform business rate for the current year is £0.49 pence in the pound. 

 

Energy performance certificate

 

The Energy Performance Certificate rating is pending. 

Legal costs

 

Each party shall be responsible for their own legal costs incurred in connection with the  eventual tenant liable for any Land Building and Transaction Tax (LBTT) and VAT thereon.

 

Viewing and further information

 

By contacting the sole letting agent:

 

Leigh Porteous BSc (Hons) MRICS

 

0141 337 7575

Leigh.porteous@alliedsurveyorsscotland.com

 

Gregor Hinks BSc MRICS

 

0141 337 7575

gregor.hinks@alliedsurveyorsscotland.com

 

Enquire about this property

"*" indicates required fields

Retail and Leisure Agency Team of the Year – Finalist

Retail and Leisure Team of the Year – Finalist

Industrial Agency Team of the Year - Finalist

Business Resilience Award – Finalist

I recently used Allied Surveyors for the very first time and was extremely impressed with the service provided. From the initial marketing aspect to them finding a very suitable tenant to lease my premises in Edinburgh. The whole process was run smoothly and very efficiently start to finish

Iain and his wider team recently sold two of our commercial properties in the Borders region for us. An excellent, very efficient and first-class service. Very pro-active in moving the sales along to conclusion. Highly recommended.

Iain, Berndetta and Lauren provided a seamless and thoroughly professional service during our recent commercial letting in Edinburgh. A fantastic experience and I’d have no hesitation in working with their team again.

Ellie is fantastic to work with. She goes over and above to ensure all our needs were met, right from the initial contact through to completion. She is thorough, professional and works hard to meet deadlines. A pleasure to work with. Thank you.

I have huge thanks for Simon and all at Allied Surveyors who are just the most wonderful company to deal with. Buying/selling a home can be a complex process and to give someone your time is such a simple thing yet often lost in the current world, Simon at Allied has given us just that as well as mountains of advice and a sharing of his knowledge. Thanks Again

We have just used Allied Surveyors for EPC for our properties on the Isle of Mull and found them to be excellent throughout the process. All contacts were friendly, clear, efficient and courteous and the surveyor was very knowledgeable and considered in his work on site. Would not hesitate to recommend them.

Never had an issue with Allied Surveyors. Mrs E Henderson was brilliant both with buying and selling my previous and current property. Would always use them as my first choice.

Quick and efficient service from Andy and his team - just as they said they would do. Special mention to Andy as he was actually on his holidays when he initially responded.

Allan from Allied Stirling has done a few home report surveys for us in recent years. He has always been honest, thorough and professional. And decent value for money. I highly recommend him.

We’re here to help.

If you have a question about any of our other services please fill in the enquiry form or call one of our offices.