Playwright Restaurant/Bar, Dundee - For Lease - UNDER OFFER

11 Tay Square,
DD1 1PB

Offers Over

£20,000


Type

Restaurants

City

Dundee

Tenure

Leasehold

Request an Appointment

  • Description

    A CLOSING DATE FOR OFFERS HAS BEEN SET FOR TUESDAY 29TH MARCH 2022 @ 12 NOON

    LOCATION

    The Playwright is situated at the junction of Tay Square and South Tay Street within the main student quarter of the city centre, approximately five minutes’ walk from the core centre.

    The Dundee Contemporary Arts building is situated nearby, as is the main Dundee University Campus. In addition, the premises are situated adjacent to an attractive open square and the Dundee Rep, a popular theatre. Overall, this is an excellent trading position for a licensed premises.

    DESCRIPTION

    The Playwright is arranged over the upper ground and basement floors of an attractive original stone constructed three storey and attic building, under a pitched roof clad externally in slate. The premises are accessed directly from Tay Square.

    ACCOMMODATION

    The accommodation internally is as follows:

    Restaurant

    The restaurant/bar is arranged over two main seating areas which are situated at either side of the main access door. There is seating for approximately 40 persons.

    Bar

    Long bar servery with fabric cubing to the front, marble top and mirrored gantry to the rear. In addition, there is a food hoist to the basement kitchen for food delivery. This area includes an access door to the rear gardens. There is seating for 20 persons.

    Accessible Toilet

    Situated off the main trading area.

    BASEMENT

    Kitchen

    Large and fully fitted kitchen with large preparation/wash area and store off.

    Service Areas

    Customer toilets, manager’s office, staff WC, cellar, and stores.

    EXTERNAL

    Gardens

    To the rear is a beer garden which can accommodate 15 persons.   In addition, the local authority have permitted use of a large grassed area in the main square which can accommodate a further 30 persons.

    RATEABLE VALUE

    The rateable value is as follows:

    PROPRIETOR

    CURRENT RATEABLE VALUE

    The Playwright

    £23,000

     A new occupier will have the right to appeal the Rateable Value.

    SERVICES

    We understand that the premises are connected to all mains services including water, gas and electricity.

    PREMISES LICENCE

    There is a premises licence in place.

    THE OPPORTUNITY

    The Playwright is in a good condition and is fitted and equipped ready for immediate occupation. The property lies immediately adjacent to the Dundee Rep Theatre and within the main student trading area of the city centre. This provides significant income generators for a new tenant and a first-class opportunity for a chef proprietor/owner occupier to develop a profitable business.

    THE LEASE & RENTAL

    The premises are available on a new long term lease agreement, at a rental of £20,000 per annum. The lease will be of a standard commercial nature.

    PRICE

    Premium offers over £20,000 are sought for the benefit of a new lease and the trade fixtures, fittings and equipment.

    EPC

    The premises have an Energy Performance Certificate rating of E. The EPC will be made available to interested parties.

    ANTI MONEY LAUNDERING

    The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.

    VIEWING & FURTHER INFORMATION

    Strictly no approaches to be made to the property direct. For further information please contact CDLH on 0141 331 0650. 

  • Floor Plans

    There are no property floorplans available

  • Dataroom

    There are no property datarooms available

  • Description

    A CLOSING DATE FOR OFFERS HAS BEEN SET FOR TUESDAY 29TH MARCH 2022 @ 12 NOON

    LOCATION

    The Playwright is situated at the junction of Tay Square and South Tay Street within the main student quarter of the city centre, approximately five minutes’ walk from the core centre.

    The Dundee Contemporary Arts building is situated nearby, as is the main Dundee University Campus. In addition, the premises are situated adjacent to an attractive open square and the Dundee Rep, a popular theatre. Overall, this is an excellent trading position for a licensed premises.

    DESCRIPTION

    The Playwright is arranged over the upper ground and basement floors of an attractive original stone constructed three storey and attic building, under a pitched roof clad externally in slate. The premises are accessed directly from Tay Square.

    ACCOMMODATION

    The accommodation internally is as follows:

    Restaurant

    The restaurant/bar is arranged over two main seating areas which are situated at either side of the main access door. There is seating for approximately 40 persons.

    Bar

    Long bar servery with fabric cubing to the front, marble top and mirrored gantry to the rear. In addition, there is a food hoist to the basement kitchen for food delivery. This area includes an access door to the rear gardens. There is seating for 20 persons.

    Accessible Toilet

    Situated off the main trading area.

    BASEMENT

    Kitchen

    Large and fully fitted kitchen with large preparation/wash area and store off.

    Service Areas

    Customer toilets, manager’s office, staff WC, cellar, and stores.

    EXTERNAL

    Gardens

    To the rear is a beer garden which can accommodate 15 persons.   In addition, the local authority have permitted use of a large grassed area in the main square which can accommodate a further 30 persons.

    RATEABLE VALUE

    The rateable value is as follows:

    PROPRIETOR

    CURRENT RATEABLE VALUE

    The Playwright

    £23,000

     A new occupier will have the right to appeal the Rateable Value.

    SERVICES

    We understand that the premises are connected to all mains services including water, gas and electricity.

    PREMISES LICENCE

    There is a premises licence in place.

    THE OPPORTUNITY

    The Playwright is in a good condition and is fitted and equipped ready for immediate occupation. The property lies immediately adjacent to the Dundee Rep Theatre and within the main student trading area of the city centre. This provides significant income generators for a new tenant and a first-class opportunity for a chef proprietor/owner occupier to develop a profitable business.

    THE LEASE & RENTAL

    The premises are available on a new long term lease agreement, at a rental of £20,000 per annum. The lease will be of a standard commercial nature.

    PRICE

    Premium offers over £20,000 are sought for the benefit of a new lease and the trade fixtures, fittings and equipment.

    EPC

    The premises have an Energy Performance Certificate rating of E. The EPC will be made available to interested parties.

    ANTI MONEY LAUNDERING

    The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.

    VIEWING & FURTHER INFORMATION

    Strictly no approaches to be made to the property direct. For further information please contact CDLH on 0141 331 0650. 

  • Floor Plans

    There are no property floorplans available

  • Dataroom

    There are no property datarooms available


Designed & built by Mucky Puddle

Contact Us

Contact Us