Page 38 - Shepherd Commercial Auctions - Catalogue June 2023
P. 38
Lot32 Unit7BCityQuayD, undeeA, ngusDD1 3JA InvestmentOpportunity
Features
•Popularmixedresidential/commercialocation •LetoPertempsRecruitmenPtartnershipLimitedunti2l2ndJuly2024 •Ren£t12,000perannum
•NeItnitiaYlield9.07%
Accommodation
Thesubjectscomprisea midterraced officepropertyoccupiedbyPertempsRecruitment contained withinaterracedparadeosf imilarunits.Themainwallsareobf rick constructionwithpitchedslate rooofverf,ormingparotaf‘Bl’istedformerailwayshed. Internallytheaccommodationcomprisesgoodquality openplanofficespacewithprivate partitionedofficesk,itchenandtoileftacilities.Thereisboth fronatndrearaccessinto theproperty.
TotaNlIA96sqm.(.1,032sqf.t.)
Location
DundeeislocatedontheasctoasotSfcotlandapproximatelymid-waybetween
Aberdeen(circa105kilometres(65miles)tothenorth)andEdinburgh(circa96
kilometres(60miles)tothesouth)overlookingtheTayEstuaryandhasaresident
populationocfirca150,000personsandacatchmenot sfome500,000persons(source:
DundeeCityCouncil). Thepropertyhasacurrenrtateablevalueo£f9,800.
DundeeisScotland'sfourthlargesctityandistheregionaclentreforemployment, servicesandretailingwithinTayside.
ThecityhasitsownairporwtithdailyflightstoLondon(LondonCity)andsitsonthemain easctoasrtailwaylinewhichrunservicesintoLondon(KingsCross).
Theongoingregenerationasparottfhewaterfrondtevelopmenhtasbeenwell documentedandtheconstructionotfhev&amuseumwilhlelpestablishDundeeasa majoregionaclentre.
ThesubjectsarelocatedwithintheCityQuayareaoDfundeeimmediatelytothesouthof thecity centrei,nanareawhichasundergonemajoredevelopmenptrovidinghigh qualityoffice accommodationandresidentiadlwellings.
TheCityQuaylocationisa5-minutewalkfromtheDundeeBusStationandlessthan 10 minutes walk fromtherailwaystationandV&AMuseum.
*GuidePrice£130,000(plusfeesifapplicable)
38 *PleaseseeBuyer’sTermsfordefinitionogfuideprice andauctionfees
Tenancy
ThepropertyhasanenergyratingoEf 72.
Pertempswerefoundedin1961andoperateasarecruitmenctonsultancy. Thetenanbtusinesswas incorporatedon17June1982.
TheyhaveoccupiedthepremisesinceJuly2018andrenewedtheleasein July2021unti2l2July2024t.heannuarlenits£12,000.
AuctionType
UnconditionaSlale-Thebuyersfeeis1.8%incVAT(1.5%plusVAT) subjectoaminimumo£f1,800incVAT(£1,500plusVAT).
EnergyPerformanceRating RateableValue
