The Vision Building.
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- Duane Norman
- 8 years ago
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1 FOR SALE The Vision uilding G r e e n m a r k e t D u n d e e otential for uses including offices, call centre, data centre, disaster recovery, research & development Highly serviced office UILDING, capable of supporting intensive information technology uses Sub divisible from 2,670 sq ft (248 sq m) to 96,305 sq ft (8,947 sq m)
2 The Vision uilding DUNDEE Dundee is Scotland s fourth largest city with a population of 160,000 and a wider catchment of some 500,000 people within 45 minutes drive. Dundee commands a strategic position, with excellent road and rail connections to all major Scottish Cities. CITY DISTANCE DRIVE TIME Edinburgh 62 miles 1 hour 20 minutes Aberdeen 66 miles 1 hour 30 minutes Glasgow 82 miles 1 hour 50 minutes Lochee Road linshall Street Douglas Street Victoria Road rown Street Marketgait 12 West ell Street ell Street Marketgait Guthrie Street King Street 11 Southward Road Ward Road Meadowside Hawkhill Old Hawkhill East Whale Lane Seagate ank Street 10 Trades Lane 9 Candle Lane South Marketgait Castle Street 8 West Marketgait South Tay Street ark lace Small s Wynd A92 Nethergate Dock St 5 7 South Marketgait 3 South Marketgait 1 Greenmarket South Victoria Dock Road 6 Marine arade Riverside Drive 2 Riverside Drive A92 Tay ridge Tay Estuary 4 1 Vision uilding 2 Tesco 3 Dundee Science Centre 4 Discovery oint 5 Malmaison Hotel 6 SSA Forensic Services 7 Apex Hotel 8 Overgate Centre 9 University of Dundee 10 Dundee City Council 11 DC Thomson 12 University of Abertay Car arks us Station SAT NAV Dd1 4Qb Dundee also benefits from its own airport with scheduled daily flights to London City, while Edinburgh International Airport is less than 60 miles away. Hawkhill The Vision uilding The city has established an enviable reputation as a leading destination for medical, scientific and educational research, with two leading Universities, the highly regarded Ninewells teaching hospital, and Dundee Medipark located in the City. erth Road Dundee also has a strong professional services sector with a number of local and national firms represented as well as a good representation from national financial services companies. More recently Dundee has emerged as a centre of excellence for renewable energy, technology and the creative industries, in particular gaming and software development.
3 9 8 E 5 D 4 Local Occupiers 1 STV, TAG Games, TA Millard 10 F 7 6 C Secretary of State for Environment & Transport 3 Scottish Enterprise 4 Education Scotland, Graham & Sibbald 5 Thorntons 6 Lloyds anking Group 11 7 Alliance Trust 8 lackadders 9 Dundee City Council 1 10 EEGEO 11 University of Dundee 12 A 12 Duncan of Jordanstone AMENITIES The Vision uilding A C D E F Tesco Superstore Dundee Science Centre DCA (Dundee Contemporary Arts) Malmaison Hotel Overgate Shopping Centre Dundee Rep Theatre GREENMARKET Overlooking the River Tay, Greenmarket is the western extension of Dundee s core City Centre, and lies within the Seabraes zone of Dundee s Waterfront Regeneration rogramme. This involves the regeneration of 240 hectares of prime development land along the River Tay. The zone has been identified as a hub for digital media and creative industries, and is also home to the award winning Dundee Science Centre. Greenmarket is located on the western approach to Dundee City Centre (A85), next to Dundee rail station. The Tay Road ridge and Dundee bus station are both a short distance from the building and Dundee Airport is within 5 minutes drive. Greenmarket has direct access to Dundee s thriving West End, with the main University of Dundee campus within two minutes walk. In addition Greenmarket is within walking distance of the proposed V&A at Dundee, Duncan of Jordanstone College of Art and Design, Dundee Contemporary Arts, Overgate Shopping Centre, and the University of Abertay.
4 THE UILDING The Vision uilding is a former jute factory which has been extensively redeveloped to provide highly specified open plan office accommodation, whilst retaining a sense of its historic past. The building has a striking external appearance and several unique features including an impressive internal full height glass atrium with glass backed wall climber lifts. Access into the Vision uilding is via the double height main entrance on Greenmarket, as well as via a separate access direct from erth Road. The Vision uilding is currently divided into 13 open plan suites from 248 sq m (2,670 sq ft), although it could be reconfigured. The building provides a combination of the following: Standard open plan office accommodation with good natural day light, excellent floor to ceiling height with the capability to install suspended ceilings, and a modern specification throughout. Accommodation for the digital media sector or similar uses, with lower levels of natural light to enhance security and to assist with C/monitor use. All of the space is serviced to an exceptionally high level (see Specification). The building has a parking ratio of approximately 1 space per 500 sq ft of accommodation. It is also close to the public car parks located in Greenmarket, Yeaman Shore and Overgate. SECIFICATION The Vision uilding provides highly serviced space with specific provision for intensive IT activity:- General High quality finishes and design Efficient and flexible floorplates Full fresh air displacement heating and cooling system Recessed perimeter heating 2 x 13-person glass lifts Light and spacious atrium LG3 compliant lighting to all office areas Full disabled access Facility to have on site building management 24 hour access and security monitoring, including CCTV OWER & DATA Raised access floor with up to 400mm void Chilled water looped to all suites Electricity: 3 phase metered supply to each suite Telecoms: 4 incoming duct points with six 150mm diameter ducts at each entry point Fully resilient internet connectivity for up to 1G on a flexible bandwidth model, provided by brightsolid.
5 CURRENT LAYOUT GROUND Floor SUITE NO SQ M SQ FT Suite ,236 Suite ,848 Suite ,670 Suite ,450 Suite 2 1,266 13,621 Suite ,163 Total 3,809 40,988 FIRST Floor SUITE NO SQ M SQ FT Suite 12 1,404 15,114 Suite ,025 Suite ,122 Suite ,929 Suite 8 1,523 16,394 Suite ,787 Total 4,308 46,371 Second Floor SUITE NO SQ M SQ FT Suite ,668 Total ,668 AREA SQ M SQ FT LEVEL ,723 Total 346 3,723 Access from erth Road (via Seabraes Lane) Suite 1 Suite 2 Suite 3 Suite 5 Atrium Reception Suite 4 Suite 6 Suite 8 Suite 7 Roof Light Over Suite 10 Suite 11 Roof Light Over Roof Light Over Roof Light Over Suite 9 Roof Light Over Suite 12 Suite 13 Level 5 Access from Greenmarket
6 AVAILAILITY The heritable interest in the Vision uilding is available for sale, subject to the existing tenancies. The quoting terms and further information are available from the agents. TENANCIES AND INCOME A total of 16,702 sq ft is currently let for periods of up to 3 years, generating income of 138,456 per annum. Full details are available on request. Capital Allowances Any unclaimed capital allowances can be made available to a purchaser. GRANT FUNDING There are a range of funding opportunities for businesses locating to, or relocating within, Dundee which is an RSA tier II assisted area. RATES Each suite must be assessed on occupation, although the marketing agents can provide an indication of the likely rates payable. SERVICE CHARGE The landlord operates an efficient management regime over the building, and tenants are liable for a pro-rata share of the service charge for the maintenance and upkeep of the common parts of the building. VIEWING & FURTHER INFORMATION For further details, please contact the following: For information on financial incentives, Assisted Area status, local, national and European grants, please visit eter Fraser peter.fraser@dtz.com James Thomson james.thomson@dtz.com Andrew Dandie andrew.dandie@g-s.co.uk The agents for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the agents has any authority to make or give any representation or warranty whatever in relation to this property. September 2012.
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