Shepherd brings city centre development opportunity in Dundee to market for sale
Shepherd Chartered Surveyors is bringing a city centre development opportunity in Dundee with potential for student accommodation development and other residential/commercial uses to market for sale with offers in the region of £3 million invited.
West Ward Works on Guthrie Street is a substantial purpose-built print works, the bulk of which is estimated to date from the 1950s and which is built around older accommodation thought to date from the turn of the century (1900) or earlier.
Surrounding occupiers include Verdant Works (heritage museum), Avertical World (climbing centre), a number of established local businesses and Dundee central mosque.
The Blackness industrial area is one of Dundee’s original industrial locations and is situated on the west side of the inner ring road, a short distance west of Dundee city centre.
Shepherd partner Jonathan Reid said: “Buildings in this locale are generally Victorian in style. Some have been upgraded, refurbished, or demolished. There is also land upon which buildings once stood which has been redeveloped for alternative uses including private and rented residential, student accommodation, surgery use and retail, leisure, and licensed premises.”
West Ward Works is constructed around a Victorian section towards the middle of the property which comprises former jute weaving sheds built around a cast iron and timber structure with stone walls and a pitched timber roof.
The lower ground level accommodation comprises a warehouse or garage with body shop, storage areas, boiler room and service areas off, linking into a loading platform section connecting into a larger storage area. There is a loading ramp and turntable to facilitate the manoeuvrability of goods.
The accommodation at upper ground floor provides large production areas with staff stores and other facilities while the first-floor comprises staff/admin accommodation with large production areas to the east and west.
The second floor offers similar accommodation to the first, but the two production areas are separated from the staff/admin accommodation. The east production area includes staff accommodation and a caretaker flat. The various levels are linked by goods and passenger lifts.
West Ward Works provides a total of 193,156 sq ft of accommodation on a developed site of 1.7 acres.
Mr Reid said: “We are inviting offers in the region of £3,000,000 on the basis of a cleared site to be provided by the vendor and subject to appropriate planning conditions and will also consider offers for the buildings as existing.”
Interested parties should contact the sole selling agent on 01382 878005.
ENDS
For further information please contact Jonathan Reid on tel 01382 878005
