38-40 Reform Street Dundee DD1 1RT

  • 38-40 Reform Street<br>Dundee<br>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
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

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

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.

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

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.

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.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    17.09.24
    File Size
    2 MB
    Login to View
  • Brochure
    Updated Date
    08.10.24
    File Size
    2 MB
    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
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Seller's Solicitors
Harper Macleod LLP The Ca’d’oro 45 Gordon St
Glasgow
Scotland
G1 3PE
Peter Jack 0Peter.jack@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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