Situated on strategically located and established business park
Detached office building comprising approximately 55,391 sq ft
Benefits from 305 car parking spaces (1:181 sq ft) and an approximate site area of 12.6 acres
Nearby occupiers include Bank of Scotland, RBS, HM Revenue & Customs and Axis Shield
Redevelopment Potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 9
Auction 30th March 2017
Rent
Status Sold
Price £430,000
Sector Office
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Instructions from Aviva Investors
Property Information
Location
Miles
4 miles west of Dundee City Centre, 23 miles east of Perth, 62 miles north of Edinburgh
Roads
A85, A90, A92, M90
Rail
Dundee Railway Station
Air
Dundee Airport
Situation
Dundee Technology Park is a well established and strategically located business park situated on the A90 and close to the A85, which provide access to Perth, the national motorway network and Dundee City Centre. The property is situated in a highly prominent corner position on the east side of the A90 and the north side of the A85. The property is accessed from Explorer Road, which is the main trunk road through Dundee Technology Park. Nearby occupiers on the business park include Bank of Scotland, RBS, HM Revenue & Customs and Axis Shield. The DoubleTree Hilton Hotel and Premier Inn are also close by.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Location
Miles
4 miles west of Dundee City Centre, 23 miles east of Perth, 62 miles north of Edinburgh
Roads
A85, A90, A92, M90
Rail
Dundee Railway Station
Air
Dundee Airport
Situation
Dundee Technology Park is a well established and strategically located business park situated on the A90 and close to the A85, which provide access to Perth, the national motorway network and Dundee City Centre. The property is situated in a highly prominent corner position on the east side of the A90 and the north side of the A85. The property is accessed from Explorer Road, which is the main trunk road through Dundee Technology Park. Nearby occupiers on the business park include Bank of Scotland, RBS, HM Revenue & Customs and Axis Shield. The DoubleTree Hilton Hotel and Premier Inn are also close by.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Description
The property comprises a detached pavilion style office building arranged over ground and first floors. The accommodation benefits from raised floors, suspended ceilings and a main
reception area. Additionally, the property benefits from excellent parking provisions with 305 car parking spaces (1:181 sq ft) and an approximate site area of 5.1 hectares (12.6 acres).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a detached pavilion style office building arranged over ground and first floors. The accommodation benefits from raised floors, suspended ceilings and a main
reception area. Additionally, the property benefits from excellent parking provisions with 305 car parking spaces (1:181 sq ft) and an approximate site area of 5.1 hectares (12.6 acres).
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground First
Office
2,764.80 sq m 2,381.10 sq m
(29,761 sq ft) (25,630 sq ft
CENTRIC COMMUNITY PROJECTS LIMITED (1)
1 year from 01/11/2013 (2)
£12.00 (3)
Total
5,145.90 sq m
(55,391 sq ft)
(1) Centric Community Projects work with smaller charities and non-profit organisations to help them operate and develop by offering free accommodation for their projects. For further information, please refer to www.centricprojects.org (2) The property is let on a rolling monthly lease subject to a mutual option to determine on providing 30 days' written notice. (3) The rent has been annualised.