With deep knowledge of the pitch, the team were attracted to the clean regular floorplate of this unit and the fact that the passing rent had been rebased from a historic tone of £100 ITZA to £46 ITZA.
Since purchase, there has been significant occupational activity on the street with further exciting news expected.
It is our view that this activity combined with the imminent opening of the V&A museum on Dundee’s Waterfront, will continue to strengthen the Murraygate in the short to medium term placing upward pressure on rents where they have been rebased.
26 Commercial Street
Dundee DD1 3EJ
01382 201 964
70 Cumberland Street
Edinburgh EH3 6RE
0131 315 0382
York YO1 7LA
01904 403 785
© 2018 West Ranga Property Group Limited