Healthy Demand for City Quay
16 September 2010
Ryden, on behalf of City Capital Quay Ltd, is pleased to announce three lettings at the refurbished City Quay development, situated around Victoria Dock, Dundee.
Existing tenant City Quay Dental Practice has taken unit 24A, providing the state-of-the-art mixed NHS and cosmetic dental practice with approximately 1,700 sq ft of additional surgery space, taking their total accommodation to 4,700 sq ft. The practise has registered 10,000 new patients since it first opened its doors in October 2007, and demand for spaces remains high. The new unit has been taken on a 20-year lease.
Personal training and weight management specialist, Good Health and Fitness, agreed a new 10-year lease on the 1,900 sq ft unit 8.
Both of the above lettings achieved headline rentals of £12.50 per sq ft.
Unit 9A, extending to 1,142 sq ft, was taken on a 10-year lease by Search Consultancy Ltd. The premises provide Search, one of the UK’s fastest growing recruitment companies, with modern city centre office accommodation.
Fergus McDonald, surveyor at Ryden, commented: “The recent letting activity at City Quay shows that there is continued demand for commercial property and highlights the flexibility of the space available. We are delighted to have secured another three tenants and hope to announce further lettings shortly”.
5,000 sq ft of office accommodation, in unit sizes ranging from 1,500 to 2,500 sq ft, remains available at City Quay. Further details are available by contacting the joint letting agents Ryden or Graham & Sibbald.
