Nightclubs for sale in Dundee City

View the "Dundee Nightclub/Development Opportunity (ref. 791)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £325,000 Price Reduced Under Offer
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Business Description
UNDER OFFER

Karma Nightclub is situated at the cross of Brown Street and Douglas Street in the west end of Dundee’s city centre. The property is a former Army drill hall which has traded as a nightclub for several decades.

With accommodation over ground floor and first floor levels, the building roughly forms an “L” shape which is arranged around an open courtyard at the side and rear. Internally, the property roughly comprises circa. 15,000ft2 GIA (gross internal area).

The property is owned by our clients who have leased the business out for the last few years. Prior to that the business was run under management and traded as a very successful nightclub business.

The nightclub historically traded from the first floor of the property with main access from Brown Street. Historically, the nightclub had a capacity of 850 and with all the associated stores and workplaces including ladies and gents toilets, cloakroom, beer cellar and office throughout the property.

The availability of Karma Nightclub represents an outstanding opportunity for a motivated purchaser to acquire a valuable site close to Dundee city centre and in the midst of a busy student area. The future of this property lies in either re-development for continued licensed use or, subject to Local Authority planning consent, residential/student accommodation conversion.

If this business is of interest to you, please request full Sales Particulars or alternatively contact Cornerstone Business Agents on 0131 445 7222 or by email to info@cornerstoneagents.co.uk.
Trading Hours:
Not currently trading.


Tenure: Freehold

Location Details:

Karma Nightclub is situated at the cross of Brown Street and Douglas Street in the west end of Dundee’s city centre. The property is a former Army drill hall which has traded as a nightclub for several decades.

Dundee is a city which is undergoing a radical transformation, primarily focused on a large waterfront development which is centred around a showpiece Victoria & Albert Museum which will extend from the waterfront onto the river Tay itself. In line with this development, the city centre and surrounding areas have surged with residential building as well as key inward investment, most noteably the conversion of the former Tay Hotel to a Malmaison.

Dundee itself is a popular university centre with popular law, dentistry and medical schools.

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Listed by: Cornerstone Business Agents
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