1,848 - 4,047 sq ft Office For Sale, Dundee DD1, £1,500,000

Dundee is Scotland's fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within Tayside, and is located on the east coast of Scotland with 90% of the country's population within 90 minutes' drive time.

More precisely, the subjects are located within the City Quay area of Dundee immediately to the south of the City Centre, in an area which has undergone major redevelopment providing high quality office accommodation and residential dwellings. The City Quay location is a 5 minute walk from the Dundee Bus Station and less than 10 minutes walk from the railway station and V&A Museum.

The approximate location is shown by the OS Plan.

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.