38-40 Reform Street Dundee DD1 1RT

38-40 Reform Street
Dundee
DD1 1RT

Retail Unit with Return Frontage

Highly Prominent Corner Retail Unit in Dundee City Centre
Flexible Accommodation at Ground and Basement Levels
Substantial Glazed Frontages onto Reform Street and Bank Street
Recent Change of Planning Use to Dental Surgery so Opportunity for Alternative Uses
Neighbouring Occupiers Include Santander, Chest, Heart and Stroke, Red Cross and leisure occupiers including Old Bank Bar and new restaurant Chaiwalla

Lot
62
Auction
25th September 2024
Vacant Possession
Status
Sold Post
Price
Auction Venue
Live Streamed Auction

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Retail Unit with Return Frontage

Highly Prominent Corner Retail Unit in Dundee City Centre
Flexible Accommodation at Ground and Basement Levels
Substantial Glazed Frontages onto Reform Street and Bank Street
Recent Change of Planning Use to Dental Surgery so Opportunity for Alternative Uses
Neighbouring Occupiers Include Santander, Chest, Heart and Stroke, Red Cross and leisure occupiers including Old Bank Bar and new restaurant Chaiwalla

Lot 62
Auction 25th September 2024
Vacant Possession
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 50 miles north of Edinburgh, 65 miles south of Aberdeen
Roads: A85, A90, A92, M90
Rail: Dundee Railway Station
Air: Dundee Airport

Situation

Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city has its own Airport with daily flights to London (City Airport) and other UK cities . Dundee Railway Station forms part of the main East Coast Railway Line. The property is located on the west side of Reform Street, at the junction with Bank Street. Surrounding occupiers include The Old Bank Bar, Santander, Red Cross and Chest, Heart and Stroke charity.

Tenure

Heritable.

Location

Miles: 50 miles north of Edinburgh, 65 miles south of Aberdeen
Roads: A85, A90, A92, M90
Rail: Dundee Railway Station
Air: Dundee Airport

Situation

Tenure

Heritable.

Description

The subjects comprise the ground and basement floors of a larger tenement building (the upper floors are in separate ownership). The unit has fully glazed frontages onto both Reform Street and Bank Street. Internally the ground floor accommodation provides an open plan retail space along-with a back shop/staff area. The basement, a former wine bar with a large open plan area, along with several storage rooms and toilet facilities.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Possession
Ground Basement	Retail Ancillary	79.31 117.95	(854) (1,270)	VACANT POSSESSION
Total		197.26	(2,123)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.