Home > Auctions > October 2021 05 October 2021 - 9:00am > Lot 53

October 2021: Tuesday 05 October 2021 - 9:00am
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    Key features

    • Landmark A-Listed Georgian mansion house with attractive views
    • Site extends to approx. 0.94 acres (0.38 ha) in the Dundee’s city centre
    • Planning Permission for 49 high-quality conversion (20) and new build (29) private apartments
    • Comprehensive site and planning information available
    • Triangular corner development site owned by Dundee City Council available through separate negotiation

    Description

    The site for sale extends to approx. 0.94 acres (0.38 ha) and comprises Custom House and an adjacent car parking area. Custom House’s main accommodation comprises three storeys and was originally designed in a neo-classical style, constructed in sandstone with Greek Revival detailing between 1842 and 1843. The building was twice extended to the south. In the 1880’s a three storey rectangular wing was formed from the south east corner of the original building while in the 1930’s a single story extension to this wing was completed. Existing floorplans of the full property and a Heritage Statement providing a detailed context of the building are available from the selling agent.


    Custom House therefore comprises three elements – Custom House, Excise Office and Harbour Chambers. Custom House (main building adjacent to Dock Street) in particular retains a wealth of historic internal features including fireplaces, oak panelling, staircases and a pilastered entrance vestibule hall. To the north of the site is Dock Street (A991) then a mixture of offices, restaurants, bars and cafes. To the south is the Apex City Quay Hotel, offices and then the River Tay.


    To the north west is the Holiday Inn Express, offices, restaurants and residential accommodation, with a development site to the west. To the east is Victoria Dock, which is bounded by a range of leisure and commercial uses.

    Additional information

    Tenure

    Freehold.

    Planning

    The site benefits from Planning Permission and Listed Building Consent:

    Ref: 20/00399/FULL

    Proposal: Change of use and external alterations to form 20 flats and erection of two new build blocks to form 29 flats with associated access, parking and landscaping. Decision: Approved subject to conditions 16/10/2020

    Ref: 20/00400/LBC

    Proposal: Internal and external alterations to facilitate conversion to form 20 flats.

    Decision: Approved subject to conditions 16/10/2020

    These consents permit the creation of 49 high quality private residential units within the subject site – 20 within the existing property and 29 new build. While the 1930’s single storey extension will be demolished its facade on the western elevation will be retained adjacent to the base level of the proposed larger new build block (22 units over 5 storeys). This new building, situated to the rear of Custom House, will form a rectangular terrace of flats with two luxury penthouse flats forming a roof top pavilion. The proposed smaller new build block (7 units over 5 storeys) will retain the existing single storey facade on the eastern elevation as a frontage for a new ground floor flat



    Notes

    Estimated Gross Development Values have been prepared by Savills - contact the auctioneers for further information.

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        Local information

        The site is located within Dundee, Scotland’s fourth largest city with a population of around 150,000 residents.

        Conveniently located approx. 17 km northwest of St Andrews, 30 km east of Perth and 60 km north of Edinburgh.

        Dundee is the regional administrative, commercial and retailing hub and is recognised for its contribution to the IT, design, life sciences and education sectors.

        The city centre is a short walk from the site and provides a wealth of services and amenities.

        These include Overgate Shopping Centre, Wellgate Shopping Centre, the McManus Art Gallery and Museum, Dundee Central Library, health centres and a variety of leisure, commercial and employment uses.

        Transport

        The A90 (Kingsway) is accessible from Dundee and allows direct a-road access west to the M90 at Perth from which direct motorway access to Edinburgh and Glasgow is possible. Dundee railway station is located only 500 metres south west.

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

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        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

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