DundeeNethergate House, 158 Nethergate

LOCATIONDundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 480,000. The city is the regional centre for commerce, retailing and employment within Tayside, and is located on the east coast of Scotland with Aberdeen, Edinburgh and Glasgow all within 90 minutes’ drive time.

The property comprises an attractive detached building of sandstone construction laid out over ground, basement, first and attic floors. The property has been extended on the eastern and western elevations to provide additional ground and basement accommodation.

To the front, there is a garden area with car parking for 6 cars and to the rear, a further car park which has space for around 7 cars.

Internally, the ground, first and basement floors have been fitted out to provide office accommodation and meeting rooms.

TERMSThe property is available by way of an assignation or sub-lease of the existing lease due to expire on 7th September 2034, with annual RPI linked rent reviews.

Each party is to be responsible for their own legal and other associated costs incurred in this transaction.

RENT£55,000 per annum.

EPCAn Energy Performance Certificate is attached for your information.

LEISURE / OFFICE OPPORTUNITY – LEASE FOR SALE

Accommodation

Ground Floor: 179.02 sq m 1,927 sq ft

Basement: 118.91 sq m 1,280 sq ft

First Floor: 100.70 sq m 1,084 sq ft

Second Floor: 82.87 sq m 892 sq ft

TOTAL: 481.50 SQ M 5,183 SQ FT

£43,700

£0.510

Business Rates and Service Charge

Rateable Value (2010)

Uniform Business Rates (2016/17) (excusive of water & sewerage)

Rates Payable (2016/17) £22,287 pa

One Edinburgh Quay, 133 Fountainbridge Edinburgh EH3 9QGPhone: +44 (0) 131 222 4500

cushmanwakefield.co.uk

For more information, please contact:

Erin MillsAssistant Surveyor0131 222 4564erin.mills@cushwake.com

DEVELOPMENT OPPORTUNITY

Isla MonteithPartner0131 222 4533isla.monteith@cushwake.com

DundeeNethergate House, 158 Nethergate

Cushman & Wakefield LLP (and any joint agent appointed) on their own behalf and for vendors or lessors of this property, whose agents they are, gives notice that:

1/ The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2/ No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3/ The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4/ Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5/ Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: September 2015

Energy Performance CertificateNon-Domestic buildings and buildings other than dwellings

ScotlandClydesdale Bank, 158 Nethergate, Dundee DD1 4DY

Date of assessment: 31 March 2014Date of certificate: 02 April 2014Total conditioned area: 638.77m2

Primary energy indicator: 410 kWh/m2/yr

Reference Number: 3910-2334-3209-0677-3006Building type: Retail/FinancialAssessment Software: EPCgen, v4.1.e.5Transaction Type: Voluntary issue

Building Energy Performance RatingExcellent

A+ Net Zero Carbon or better

A(0-15)

B(16-30)

C(31-45)

D(46-60)

75Current

70Potential

E(61-80)

F(81-100)

G(100+)

Very Poor Approximate Energy Use: 233 kWh per m2 per yearApproximate Carbon Dioxide Emissions: 75.1 kgCO2 per m2 per year

The building energy performance rating is a measure of the effect of a building on the environment in terms ofcarbon dioxide (CO2) emissions. The better the rating, the less impact on the environment. The current ratingis based upon an assessor's survey of the building. The potential rating shows the effect of undertaking all ofthe recommended measures listed below. The Recommendations Report which accompanies this certificateexplains how this rating is calculated and gives further information on the performance of this building and howto improve it.

BenchmarkA building of this type built to current building regulations at the date ofissue of this certificate would have a building energy performance rating of: 18 B

Recommendations for the cost-effective improvement of energy performance1. Replace 38mm diameter (T12) fluorescent tubes on failure with 26mm (T8) tubes.2. Consider replacing T8 lamps with retrofit T5 conversion kit.3. Add time control to heating system.4. Add optimum start/stop to the heating system.There are additional improvement measures applicable to this building. Refer to the Recommendations Report.

The Green Deal may allow you tomake your building warmer andcheaper to run at no up-front capitalcost. See your RecommendationsReport for more details.

THIS PAGE IS THE ENERGY PERFORMANCECERTIFICATE WHICH MUST BE AFFIXED TO

THE BUILDING AND NOT BE REMOVEDUNLESS REPLACED WITH AN UPDATED

CERTIFICATE.

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