Offers over
£150,000
(£118.30/sq. ft)
Retail premises for sale154-158 High Street, Lochee, Dundee DD2
1,268 sq. ft
Freehold
About this property
Prominent trading position
Excellent frontage
3 adjoining retail units
Potential for sub-division
100% rates relief for qualifying occupiers
No VAT applicable
Estimated Rates Payable: £5179.2
Description
The subjects comprise three adjoining mid terraced retail units with other occupiers in the parade including a convenience store, public house, hot food takeaway, bakers and a hair salon.
The premises are arranged over ground floor and basement levels and is fitted out for its current use as a dry cleaners. It provides a large serving area to the front with open plan shop / workshop area to the rear and additional staff kitchen and WC facilities. Further storage space is provided within the basement.
Location
The subjects are located on the south side of the busy Lochee High Street in a mixed use and densely populated location. Surrounding occupiers being a mix of local retail, leisure operators and residential properties.
The property is highly visible and has ample free on street parking facilities nearby.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-
Ground Floor - 118 sq m (1,268 sq ft)
There is also a basement of approximately 86 sq m (928 sq ft) which provides additional storage space.
Business Rates
The premises are currently entered in the Valuation Roll as follows:-
154-158 High Street - Shop - £10,400
Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme.
Terms
Offers of £150,000 are invited for the heritable proprietors interest.
Energy Performance Certificate
Further details are available on request.
VAT
No VAT applicable.
Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.
Viewing
Please contact the sole selling agent, Westport Property.
The subjects comprise three adjoining mid terraced retail units with other occupiers in the parade including a convenience store, public house, hot food takeaway, bakers and a hair salon.
The premises are arranged over ground floor and basement levels and is fitted out for its current use as a dry cleaners. It provides a large serving area to the front with open plan shop / workshop area to the rear and additional staff kitchen and WC facilities. Further storage space is provided within the basement.
Location
The subjects are located on the south side of the busy Lochee High Street in a mixed use and densely populated location. Surrounding occupiers being a mix of local retail, leisure operators and residential properties.
The property is highly visible and has ample free on street parking facilities nearby.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice to be as follows:-
Ground Floor - 118 sq m (1,268 sq ft)
There is also a basement of approximately 86 sq m (928 sq ft) which provides additional storage space.
Business Rates
The premises are currently entered in the Valuation Roll as follows:-
154-158 High Street - Shop - £10,400
Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme.
Terms
Offers of £150,000 are invited for the heritable proprietors interest.
Energy Performance Certificate
Further details are available on request.
VAT
No VAT applicable.
Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.
Viewing
Please contact the sole selling agent, Westport Property.
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