FOR SALE DEVELOPMENT OPPORTUNITY DEEP SEA RESTAURANT, 81 NETHERGATE, DUNDEE CONTACT: Graham & Sibbald • RARE OPPORTUNITY TO ACQUIRE CITY CENTRE DEVELOPMENT SITE 1 Greenmarket, • EXCELLENT LOCATION WITHIN CULTURAL QUARTER AND WITHIN DUNDEE, DD1 4QB CLOSE PROXIMITY TO DUNDEE UNIVERSITY • MAY SUIT VARIETY OF USES Tel:+44 (0)1382 200064 Fax: +44 (0)1382 305020 Email: [email protected] DD1 4DH DEEP SEA RESTAURANT, 81 NETHERGATE, DUNDEE DEVELOPMENT OPPORTUNITY LOCATION The subjects provide the following accommodation:- Dundee is Scotland’s fourth largest city with an estimated population of Ground Floor: Large Restaurant; Fully Fitted Commercial Kitchen; Bar; 145,000 and a catchment population in the region of 515,000. The city is and Female WCs. the regional centre for commerce, retailing and employment within Tayside and is located on the East Coast of Scotland, with Aberdeen, Basement: Office; Gents WC; Preparation Area; Dish Wash Area; Store; Edinburgh and Glasgow all within 90 minutes’ drive time. The city has its and Cellar. own Airport with daily flights to London (City Airport), Belfast and Birmingham. Dundee Railway Station forms part of the main East Coast The subjects are fully fitted and trading as ‘The Deep Sea Restaurant’ Railway Line, which runs services into London Kings Cross Station. and will be suitable for such continued use. The subjects themselves form a prominent site within the west end of Dundee city centre, on the Nethergate, close to its busy junction with the ACCOMMODATION Marketgate. The Nethergate area is situated within the Cultural Quarter We have measured the accommodation in accordance with RICS Code and as such there is a mix of uses in the immediate area, including of Measuring Practice (6th Edition) and find the Net Internal Area to be as offices, retail, licensed and leisure premises, including Dundee follows: Contemporary Arts Centre. The subjects are also located within close proximity to Dundee University, within an excellent location. Ground Floor - 75.89 sq.m. (816.9 sq.ft.) Basement - 96.15 sq.m. (1,035.1 sq.ft.) Total - 172.04 sq.m. (1,852 sq.ft.) RATING ASSESSMENT The subjects are currently entered into the Valuation Roll with a Net and Rateable Value - £25,000. The current Uniform Business Rate for the financial year 20010/2011 is 40.7 pence, exclusive of water and sewerage rates. TERMS Offers are invited for our client’s heritable interest in the subject premises. PLANNING The subjects may be suitable for potential development and we recommend that all interested parties should make their own enquiries with the planning department of Dundee City Council. VAT All prices are quoted exclusive of VAT, however our clients reserve the right to charge VAT. FURTHER INFORMATION & VIEWING Further information and viewings can be arranged strictly through the sole selling agent, Graham + Sibbald, 1 Greenmarket, Dundee, DD1 4QB Andrew Dandie- e-mail [email protected] or DESCRIPTION The subjects comprise the entire ground floor and basement of a single Alan Campbell - e-mail [email protected] storey plus basement, traditional stone constructed building, under a flat roof. The subjects form an end of parade commercial unit, with excellent DATE OF PUBLICATION double frontage to Nethergate. December 2010 WITH OFFICES IN: IMPORTANT NOTICE Please read carefully 1.These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. • ABERDEEN • GLASGOW • PAISLEY Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. • DUNDEE • HAMILTON • PERTH 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. DUNFERMLINE INVERNESS STIRLING Intending Purchasers/Tenants take the property as they find it. • • • 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any • EDINBURGH • KILMARNOCK • WEYBRIDGE contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. FALKIRK KIRKCALDY 4.All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of • • HM Stationery. 5.A list of Partners can be obtained from any of our offices..