107 High Street Lochee Dundee DD2 3BX

  • 107 High Street<br>Lochee<br>Dundee<br>DD2 3BX

107 High Street
Lochee
Dundee
DD2 3BX

Heritable Retail Investment

  • Let to Done Brothers (Cash Betting) Limited t/a Betfred
  • Prominent location within popular Dundee suburb
  • Nearby occupiers including Boots, Superdrug, Santander, British Heart Foundation and Poundstretcher
  • Lot
    95
  • Auction
    19th October 2017
  • Rent
    £22,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Map

Heritable Retail Investment

  • Let to Done Brothers (Cash Betting) Limited t/a Betfred
  • Prominent location within popular Dundee suburb
  • Nearby occupiers including Boots, Superdrug, Santander, British Heart Foundation and Poundstretcher
  • Lot 95
  • Auction 19th October 2017
  • Rent £22,500 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
2 miles north-west of Dundee City Centre, 20 miles north-east of Perth, 58 miles north of Edinburgh
Roads
A90, A92, M90 (Junction 11)
Rail
Dundee Railway Station
Air
Dundee Airport
Situation

Lochee is a popular suburb of Dundee and lies approximately 2 miles north-west of the city centre. The property is prominently situated on the east side of the High Street, with nearby occupiers including Boots, Superdrug, Santander, British Heart Foundation and Poundstretcher.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location
Miles
2 miles north-west of Dundee City Centre, 20 miles north-east of Perth, 58 miles north of Edinburgh
Roads
A90, A92, M90 (Junction 11)
Rail
Dundee Railway Station
Air
Dundee Airport
Situation

Lochee is a popular suburb of Dundee and lies approximately 2 miles north-west of the city centre. The property is prominently situated on the east side of the High Street, with nearby occupiers including Boots, Superdrug, Santander, British Heart Foundation and Poundstretcher.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property comprises ground floor retail accommodation and forms part of a larger building.

VAT

VAT is not 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 ground floor retail accommodation and forms part of a larger building.

VAT

VAT is not 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 Reversion
Ground Retail/
Ancillary
157.17 sq m
(1,691 sq ft)
DONE BROTHERS
(CASH BETTING)
LIMITED (1)
t/a Betfred
10 years from
03/07/2009 on a
full repairing and
insuring lease
£22,500 02/07/2019
Total
157.17 sq m
(1,691 sq ft)
    £22,500  

(1) For the year ending 25th September 2016, Done Brothers (Cash Betting) Limited reported a turnover of £320,065,000, pre-tax profits of £29,293,000 and a total net worth of £23,115,000 (Source: Experian Group 12/09/2017).

Property Documents

  • Site Plan
    Updated Date
    27.09.17
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    27.09.17
    File Size
    665 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Harper Macleod LLP 65 Haymarket Terrace
Edinburgh
EH12 5HD
Philip Sim 0131 247 2500philip.sim@harpermacleod.co.uk  Rory Paterson 0131 247 2516rory.paterson@harpermacleod.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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