Swan House, Explorer Road Dundee Technology Park Dundee DD2 1DX

Swan House, Explorer Road
Dundee Technology Park
Dundee
DD2 1DX

Well Located Heritable Office Opportunity

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
£12 per Annum Exclusive
Status
Sold
Price
£430,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Instructions from Aviva Investors

Interested?

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Well Located Heritable Office Opportunity

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 £12 per Annum Exclusive
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

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

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.