From
£1,500,000
(£811.69/sq. ft)
Property for saleCity Quay, Camperdown Street, Dundee DD1
From 1,848 - 4,047 sq. ft
Just added
Available immediately
Freehold
About this property
Rare portfolio purchase
Popular waterfront location
Established business location
Car parking available
Various asset management opportunities
Offers in the region of £1,500,000 invited
Circa 25% discount from aggerate Market Value
Part income producing
The subjects can be described in more detail as follows;
Unit 5a - The subjects comprise high quality and modern, ground floor retail/office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. Internally the property is modern throughout and largely open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 10 - The subjects comprise a ground floor office currently let to Capability Scotland. Capability Scotland have recently extended their lease for a further 5 years from 11/2026 which incorporates a tenant break option at year 3. The rent passing has increased to £40,000 pa. Capability are a long standing tenant.
Unit 27 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout and a mixture of cellular and open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 28 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout largely offering individual/private offices off an open plan reception area. Accommodation is flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 30 - The subjects comprise a ground floor office currently let to Urban Foresight. The lease to Urban Foresight expires 11/09/2027 and the passing rent is £35,000 per annum. Urban Foresight are a longstanding tenant.
Unit 31/32 - The subjects comprise a ground floor office currently let to Brewin Dolphin. The lease to Brewin Dolphin expires 25/03/2033, subject to a tenant break option in 03/2028. The passing rent is £57,500 per annum. Brewin Dolphin are a longstanding tenant.
Opportunity
The portfolio for sale is a mixture of vacant and tenanted units. A future purchaser will have the opportunity to asset manage the subjects and increase rents via future leasing opportunities and any upcoming lease events.
Unit 5a - The subjects comprise high quality and modern, ground floor retail/office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. Internally the property is modern throughout and largely open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 10 - The subjects comprise a ground floor office currently let to Capability Scotland. Capability Scotland have recently extended their lease for a further 5 years from 11/2026 which incorporates a tenant break option at year 3. The rent passing has increased to £40,000 pa. Capability are a long standing tenant.
Unit 27 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout and a mixture of cellular and open plan, flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 28 - The subjects comprise high quality and modern, ground floor office accommodation contained within a single storey terrace of similar units. The property has the benefit of a glazed display frontage and is accessed from the north elevation, directly off the car park. The southern elevation overlooks the Marina. Internally the property is modern throughout largely offering individual/private offices off an open plan reception area. Accommodation is flexible to suit a future tenants fit out. WC and staff facilities are provided. The subjects are currently vacant.
Unit 30 - The subjects comprise a ground floor office currently let to Urban Foresight. The lease to Urban Foresight expires 11/09/2027 and the passing rent is £35,000 per annum. Urban Foresight are a longstanding tenant.
Unit 31/32 - The subjects comprise a ground floor office currently let to Brewin Dolphin. The lease to Brewin Dolphin expires 25/03/2033, subject to a tenant break option in 03/2028. The passing rent is £57,500 per annum. Brewin Dolphin are a longstanding tenant.
Opportunity
The portfolio for sale is a mixture of vacant and tenanted units. A future purchaser will have the opportunity to asset manage the subjects and increase rents via future leasing opportunities and any upcoming lease events.
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