Dundee DD1 1SD - Ryden
TO LET / FOR SALE
74-80 High Street Dundee DD1 1SD
PRIME CITY CENTRE DEVELOPMENT OPPORTUNITY
78-84 High Street Dundee 74-80
Location Dundee is Scotland’s fourth largest city, with an estimated population of approximately 140,000 and a regional catchment population in the region of 500,000. Dundee is the regional centre for commerce, retailing and employment within the Tayside area and is strategically located on the east coast of Scotland, with 90% of the country’s population within 90 minutes’ drive time.
Dundee is home to two universities – The University of Dundee and Abertay University - with over 20,000 students, of which the total full time higher education population is approximately 15,665. Both Universities are internationally renowned for their life sciences research and digital media courses respectively. Dundee is now named the second best place to study in Scotland (behind St Andrews) and The Scientist magazine has named Dundee as the UK’s best place to work in academia (2010, 2011) and the sixth best place for scientists to work outside the US. The subjects are situated in the heart of the prime pedestrianised section of Dundee High Street, at its junctions with Commercial Street and Murraygate, and close to the entrance to Overgate Shopping Centre. The subjects are well placed to
5
74-80 High Street
12. 13. 14. 15. 16.
University of Dundee RRS Discovery Sleeperz Hotel Malmaison Abertay University Overgate Shopping Centre Victoria & Albert Museum Caird Hall High School of Dundee McManus Gallery Dundee Central Waterfront - Regeneration Area Wellgate Shopping Centre Holiday Inn Express Dundee Bus Station Apex Hotels City Quay - Regeneration Area
The attractiveness of the pitch is demonstrated by the high profile brands including Marks & Spencer, Boots, Monsoon/Accessorize, Disney Store, Dorothy Perkins, Pandora and the Body Shop. The subjects are in close proximity to the Dundee Waterfront area which is currently undergoing a multi-million pound redevelopment comprising commercial and residential use to reconnect the city with the River Tay to the south.
9
1
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
take advantage of future improvements in the city due to its core location in the heart of Dundee’s city centre.
10
12
6 14 8 4
13
3
11
15
2
7
16 A89
Regeneration
Dundee is one of the UK’s most progressive cities with a rolling investment programme which continues apace. By far the largest regeneration project is the Dundee Waterfront Regeneration, a £1 billion project to reconnect the city to the waterfront and create a high quality, mixed use, riverside urban quarter right in the heart of the city. The development will be one of Western Europe’s most extensive and transformative waterfront projects and one of Scotland’s biggest waterfront regenerations. The project has recently been ranked as a UK Top 20 regeneration project and is expected to become Scotland’s first sustainable community.
The waterfront regeneration encompasses 240 ha of land and stretching 8 kilometres along the River Tay and will completely transform Dundee’s waterfront area, significantly boosting tourism in the city and maintaining Dundee’s role as one of the UK’s most dynamic and progressive cities. The Victoria & Albert Museum will form the central attraction of the Waterfront area and once completed and will help establish Dundee as a major regional centre.
TO LET / FOR SALE
Description The property comprises part of a Grade A listed building which has been extensively redeveloped behind a retained façade, arranged over basement, ground and four upper floors. The subjects provide adaptable commercial space arranged over second, third and fourth floor levels which are accessed from High Street to the front and Rankin’s Court to the rear.
Accommodation The internal accommodation comprises an extensive mainly open plan floor plates that can be adapted to individual requirements. Much of the ornate, original plasterwork remains in some areas, which may provide an attractive feature for the future tenant or purchaser. A fire escape door provides emergency egress at the rear to a car parking area. The premises benefit from the following services: •
Dedicated passenger lift
•
Goods lift
•
Open plan floor plate
•
Modern construction
IN DIC AT IV E FLOO R P L A N
Areas DESCRIPTION
SQ M
SQ FT
Ground Floor
12.54
135
Second Floor
1,275
13,725
Third Floor
1,099
11,830
Fourth Floor
150
1,615
TOTAL
2,537
27,315
Rating Assessment
Viewing
The premises have not been assessed by the Local Authority at the present time. An estimate can be provided on request.
If you require additional information, or to arrange a viewing of the premises, please contact the joint agents:
Energy Performance Certificate (EPC) •
Second Floor D+
•
Third Floor
E
•
Fourth Floor
E
Price/rent Upon application.
VAT
50 metres
Copyright and confidentiality Experian, 2016. © Crown copyright and database rights 2016. OS 100019885
ADAM HUTCHESON E: [email protected] T: 01382 225517
FERGUS MCDONALD E: [email protected] T: 01382 227900 MIGUEL JANÍN E: [email protected] T: 02070 092 002 M: 07717 386 170
Experian Goad Plan Created: 28/09/2016 Created By: Ryden LLP
INIGO OSACAR E: [email protected] T: For 020more 7009information 2003 on our products and services M: 07764 337 368
www.experian.co.uk/goad | [email protected] | 0845 601 6011
Our client reserves the right to charge VAT on the purchase price or annual rent.
The agents for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the agents has any authority to make or give any representation or warranty whatever in relation to this property (October 2016).
74-80 High Street Dundee DD1 1SD
PRIME CITY CENTRE DEVELOPMENT OPPORTUNITY
78-84 High Street Dundee 74-80
Location Dundee is Scotland’s fourth largest city, with an estimated population of approximately 140,000 and a regional catchment population in the region of 500,000. Dundee is the regional centre for commerce, retailing and employment within the Tayside area and is strategically located on the east coast of Scotland, with 90% of the country’s population within 90 minutes’ drive time.
Dundee is home to two universities – The University of Dundee and Abertay University - with over 20,000 students, of which the total full time higher education population is approximately 15,665. Both Universities are internationally renowned for their life sciences research and digital media courses respectively. Dundee is now named the second best place to study in Scotland (behind St Andrews) and The Scientist magazine has named Dundee as the UK’s best place to work in academia (2010, 2011) and the sixth best place for scientists to work outside the US. The subjects are situated in the heart of the prime pedestrianised section of Dundee High Street, at its junctions with Commercial Street and Murraygate, and close to the entrance to Overgate Shopping Centre. The subjects are well placed to
5
74-80 High Street
12. 13. 14. 15. 16.
University of Dundee RRS Discovery Sleeperz Hotel Malmaison Abertay University Overgate Shopping Centre Victoria & Albert Museum Caird Hall High School of Dundee McManus Gallery Dundee Central Waterfront - Regeneration Area Wellgate Shopping Centre Holiday Inn Express Dundee Bus Station Apex Hotels City Quay - Regeneration Area
The attractiveness of the pitch is demonstrated by the high profile brands including Marks & Spencer, Boots, Monsoon/Accessorize, Disney Store, Dorothy Perkins, Pandora and the Body Shop. The subjects are in close proximity to the Dundee Waterfront area which is currently undergoing a multi-million pound redevelopment comprising commercial and residential use to reconnect the city with the River Tay to the south.
9
1
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
take advantage of future improvements in the city due to its core location in the heart of Dundee’s city centre.
10
12
6 14 8 4
13
3
11
15
2
7
16 A89
Regeneration
Dundee is one of the UK’s most progressive cities with a rolling investment programme which continues apace. By far the largest regeneration project is the Dundee Waterfront Regeneration, a £1 billion project to reconnect the city to the waterfront and create a high quality, mixed use, riverside urban quarter right in the heart of the city. The development will be one of Western Europe’s most extensive and transformative waterfront projects and one of Scotland’s biggest waterfront regenerations. The project has recently been ranked as a UK Top 20 regeneration project and is expected to become Scotland’s first sustainable community.
The waterfront regeneration encompasses 240 ha of land and stretching 8 kilometres along the River Tay and will completely transform Dundee’s waterfront area, significantly boosting tourism in the city and maintaining Dundee’s role as one of the UK’s most dynamic and progressive cities. The Victoria & Albert Museum will form the central attraction of the Waterfront area and once completed and will help establish Dundee as a major regional centre.
TO LET / FOR SALE
Description The property comprises part of a Grade A listed building which has been extensively redeveloped behind a retained façade, arranged over basement, ground and four upper floors. The subjects provide adaptable commercial space arranged over second, third and fourth floor levels which are accessed from High Street to the front and Rankin’s Court to the rear.
Accommodation The internal accommodation comprises an extensive mainly open plan floor plates that can be adapted to individual requirements. Much of the ornate, original plasterwork remains in some areas, which may provide an attractive feature for the future tenant or purchaser. A fire escape door provides emergency egress at the rear to a car parking area. The premises benefit from the following services: •
Dedicated passenger lift
•
Goods lift
•
Open plan floor plate
•
Modern construction
IN DIC AT IV E FLOO R P L A N
Areas DESCRIPTION
SQ M
SQ FT
Ground Floor
12.54
135
Second Floor
1,275
13,725
Third Floor
1,099
11,830
Fourth Floor
150
1,615
TOTAL
2,537
27,315
Rating Assessment
Viewing
The premises have not been assessed by the Local Authority at the present time. An estimate can be provided on request.
If you require additional information, or to arrange a viewing of the premises, please contact the joint agents:
Energy Performance Certificate (EPC) •
Second Floor D+
•
Third Floor
E
•
Fourth Floor
E
Price/rent Upon application.
VAT
50 metres
Copyright and confidentiality Experian, 2016. © Crown copyright and database rights 2016. OS 100019885
ADAM HUTCHESON E: [email protected] T: 01382 225517
FERGUS MCDONALD E: [email protected] T: 01382 227900 MIGUEL JANÍN E: [email protected] T: 02070 092 002 M: 07717 386 170
Experian Goad Plan Created: 28/09/2016 Created By: Ryden LLP
INIGO OSACAR E: [email protected] T: For 020more 7009information 2003 on our products and services M: 07764 337 368
www.experian.co.uk/goad | [email protected] | 0845 601 6011
Our client reserves the right to charge VAT on the purchase price or annual rent.
The agents for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the agents has any authority to make or give any representation or warranty whatever in relation to this property (October 2016).
