Vacant Commercial LOT 170

1A High Street, Dundee, DD1 1SX
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

4,397 Sq.Ft (408.48 Sq.M) Ground and Basement Floors of a three storey sandstone building under a pitched and slated roof. The premises currently benefit from a Class 3 Restaurant Consents.

Extensive Frontage. The gross internal areas are as follows - Ground Floor: 3,638 Sq.Ft (337.98 Sq.M). Basement: 759 Sq.Ft (70.50 Sq.M). Established unit in Prime City Centre Location. Freehold Sale.

Located within the prime section of High Street close to Murraygate and the Overgate Shopping Centre. Nearby occupiers include Greggs, H&M, Zara, Size?, Pandora, Optical Express and Costa Coffee.

The premises benefit from a prominent corner location looking onto Commercial Street and Seagate where there are a number of bars and restaurants. Full Restaurant Consents. Cobbled Street.

Dundee is currently undergoing a £1 billion waterfront redevelopment, with the impending opening of the £45 million V & A Museum due to open in 2018, leading the regeneration.

4,397 Sq.Ft (408.48 Sq.M) Ground and Basement Floors of a three storey sandstone building under a pitched and slated roof. The premises currently benefit from a Class 3 Restaurant Consents. Internal details briefly comprise a large and impressive open plan unit on ground floor with kitchen and service areas to the rear. The basement area comprises, staff area, service areas and customer toilets. Dundee is located on the East Coast of Scotland approximately mid way between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (60 miles) to the south) overlooking the Tay Estuary and has a resident population of circa 155,000 persons and a catchment of some 235,000 persons. Dundee is Scotland’s forth largest City and is the regional centre for employment, services and retailing within Tayside. The City has its own airport with daily flights to London (Stansted) and sits on the main East Coast Railway Line which runs services into London (Kings Cross). The ongoing regeneration as part of the water front development has been well documented and the construction of the V&A Museum will help establish Dundee as a major regional centre. The premises are located within the prime section of High Street close to Murraygate and the Overgate Shopping Centre. Nearby occupiers include Greggs, H&M, Zara, Pandora, Optical Express, Costa Coffee and Barrhead Travel. The premises benefit from a prominent corner location looking onto Commercial Street and Seagate where there are a number of bars and restaurants

Dundee is Scotland's fourth city and is located approximately 60 miles north of Edinburgh, 70 miles north east of Glasgow and 70 miles south of Aberdeen. The city benefits from a resident population of approximately 148,000 persons and an estimated catchment in excess of 600,000 persons within a 30 mile radius. The city also benefits from a sizeable student population of approximately 42,000 persons.

Full Address: 1A High Street, Dundee, DD1 1SX

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Pricing Information & Bidding

Opening Bid: £238,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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