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Lot 8

17-23 MURRAYGATE, DUNDEE, DD1 2EE

Prime Development Site in Busy Retail Pitch – 316 sq.m (3,401 sq.ft)

Location

The city of Dundee has a population of 150,000 and a surrounding catchment of 300,000. The subjects of sale occupy a prominent position on the prime pedestrianised retail section of Murraygate which links the Overgate and Wellgate Shopping Centres. The property is located on the eastern side of the street with Burtons to the south and HSBC to the north. Also within the vicinity are M&S, Mountain Warehouse, Deichmann, Disney Store, Costa, Thorntons and Tesco Metro.

Description

This is a flat, cleared site which sits below street level with vehicular access from the rear via Seagate. There is a small pend running along the north side of the property. The previous building on the site was demolished in late 2014 after being destroyed by fire. This now leaves a prime development site extending to approximately 316sq.m with a frontage of approximately 12.6m. Planning permission is currently in place for a retail development (see PLANNING below). Subject to gaining necessary consents, there may also be scope for other uses such as commercial use, café use or perhaps commercial with residential on upper floors.

Site Area

316 sq.m (3,401 sq.ft).

Planning

Dundee City Council granted conditional planning permission in January 2016 for the erection of a replacement three storey retail building with basement, totalling 1008sq.m (10,849sq. ft). The planning permission details can be viewed on Dundee City Council’s website Ref. 15/00506/FULL. Interested parties should make their own enquiries to Dundee City Council’s Planning and Economic Development Division - Floor 6, Dundee House, 50 North Lindsay Street, Dundee, DD1 1LS Tel: 01382 433520 Email: gregor.hamilton@dundeecity.gov.uk

Tenure

Owner Vacant Possession.

Viewing

Externally at any time. Please note the front of the site is currently boarded for security/safety, there are viewing points within the boarding. Access can also be taken via the pend on the north side to view the property from the rear or from an access point on Seagate in between William Hill and Arkive.

Joint Auctioneers

Syme Property Tel 0141 285 7945 or 07917 834 917 (Donald Syme).
Frank Real Estate Tel 07426 519 951 (Frank Montgomery)




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