PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dundee.
This opportunity is sure to appeal to investors and developers seeking an excellent development prospect within a sought after Dundee location.
The property is set within a popular residential area of Dundee and benefits from being approximately 14 minutes from Dundee Train Station.
The property comprises a vacant commercial unit with planning approved for a 99 sqm, one bedroom semi detached dwelling, creating a highly compelling angle for purchasers seeking redevelopment or change of use potential.
Location
Dundee is an established Scottish city with a strong mix of local enterprise, retail and professional services, supporting consistent occupier demand for well located commercial space. The area benefits from good passing trade across key routes, with a broad surrounding residential catchment helping underpin day to day footfall for convenience and service led uses. Road links are favourable, connecting quickly to the wider Tayside region, while Dundee Train Station provides efficient rail connectivity for staff, customers and suppliers. Ongoing investment and regeneration across the city continues to strengthen commercial confidence, encouraging new business formation and supporting demand from both owner occupiers and investors.
Accommodation
Total Size: approximately 1,066 sq ft offering a generous footprint with flexibility for a range of future commercial or redevelopment plans.
Terms
Guide Price: £60,000
Potential income could realistically achieve £150 pcm (£1,800 pa) subject to tenancy and due diligence; rates payable subject to assessment.
For rental purposes, the property could potentially lend itself to an Air BnB or serviced accommodation opportunity, subject to gaining the necessary licence and permissions. Comparable properties are achieving upwards of £150 per month, which is £1,800 per annum, subject to tenancy and due diligence. As the unit is currently vacant, this lot is equally attractive to owner occupiers looking to establish premises in the area, as well as investors targeting a future letting or alternative strategy.
Tenure: The property is held on a freehold basis, giving the buyer outright ownership and long term control over the asset.
Rateable Value: The rateable value has not been provided, and all interested parties should make their own enquiries in respect of business rates and any reliefs that may be available, subject to eligibility.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.