Page 12 - Shepherd Commercial Auctions - Catalogue June 2023
P. 12
Lot6 AirlieArms10DundonaldStreetD, undeeD, D3 7PW LicensedTradeInvestmentOpportunity
Features
•Prominenctornerlocationincitycentrelocation •Rentailncomeo£f10,000perannum •FRlIeasewithpersonagluarantor •FullyFurnishedPub
Accommodation
ThesubjectscompriseapopularlocaplublichouseinvestmenitnDundeeT.hepub whichtradesas“AirlieArmsi’swelplositionedincloseproximitytobothDundeeFootball Groundsandhasanestablishedclienbtaselocallyhavingtradedsuccessfullyfora numberoyfears.
Thesubjectswilblesoldasafullyfurnishedpub(Tablesc,hairsf,ixedseatingincluded). Thesubjectsextendtoapprox1.71.50sqm. (.1,846sqf.t).
Location
DundeeS,cotland'sfourthlargesCtitywitharesidenptopulationocfirca150,000 persons(NationaRlecordsoSfcotland)i,slocatedontheEasctoasotSfcotland approximatelymid-waybetweenAberdeen(circa105kilometres(65miles)tothenorth) andEdinburgh(circa96kilometres(60miles)tothesouth).
Thecitybenefitsfromexcellentransporltinksw,ithdailyflightstoLondon(CityAirport) andBelfas(tfrom2020)andrailinksintoLondon(KingsCross).
ThesubjectsarelocatedonthecorneroDfundonaldStreeatndClepingtonStreet approximately1.5kmnorthoDfundeeCityCentre.
Tenancy
ThepubiscurrentlyleutntiDlecember2029withanoutstandingrenrteviewasof December2022stiltlobesettledT.hecurrenptassingrenits£10,000perannum,
Thelandlordisalsoentitledtoa50%shareomfachineincomeA.barrelageincomeis alsogeneratedbythecurrenltandlordandcouldpotentiallybearnedbythepurchaser assumingtheyalsohaveconnectionstothesupplierT.hepurchasershouldsatisfy themselveswhetherabarrelageincomecouldbegeneratedbyreferencetothetermsof thelease.
*GuidePrice£88,000(plusfeesifapplicable)
12 *PleaseseeBuyer’sTermsfordefinitionogfuideprice andauctionfees
AuctionType
UnconditionaSlale-Thebuyersfeeis2.4%incVAT(2%plusVAT)subject toaminimumo£f2,400incV.AT(£2,000plusVAT).
