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Retail / Showroom For Sale , Nicholsons Cycles, 2-4 Forfar Road, Dundee, DD4 7AR

2,360 Sq Ft / Other / Mixed Use

For Sale - £125,000.00

Available - Last updated: 17 June 2025

The subjects comprise a retail showroom with workshop, storage and staff accommodation. The main walls are of stone and brick construction with slate and flat/mineral felt roof coverings and suspended timber and solid floors. The windows are a mix of timber casement and block glass units.

Finishes include suspended ceilings, plasterboard lined walls and ceilings and a mix of floorcoverings. There is a separate storage facility adjacent to the property providing additional stores.

This is leased from a third party, but it may be possible for the buyer to retain this facility if required

Location

Dundee is located on the east coast of Scotland approximately mid-way between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (60 miles) to the south) overlooking the Tay Estuary and has a resident population of circa 150,000 persons and a catchment of some 500,000 persons (source: Dundee City Council).

Dundee is Scotland's fourth largest city and is the regional centre for employment, services and retailing within Tayside. The property is located within the Albert Street District Centre which is one of the major District Centres of Dundee located about 1 mile north-east of the City Centre.

Accommodation

Ground Floor – Retail Showroom, Workshop and Office 133.39 sq m (1,436sqft )

First Floor – Stock and Staff Facilities 58.45 sq m(629 sq ft )

Second Floor – Staff Kitchen and Storage 27.45 sq m (295sq ft )

TOTAL 219.29 sq m (2,360sq ft )

Terms

The subjects have been assessed for rating purposes and are entered into the Valuation Roll at: RV - £9,900 The Unified Business Rate for 2025/2026 is 49.8p for properties with a Rateable Value up to £51,000. Qualifying occupiers will be in a position to claim Small Business Rates Relief under current legislation.

EPC To be confirmed

There is an advertising hoarding facing Forfar Road which generates a modest income. The agreement currently operates on a year to year basis and it may be possible for the buyer to retain this facility if required.

PRICE Offers of £125,000 are invited

VAT is not currently charged..

MONEY LAUNDERING The money laundering, terrorist financing and transfer of funds (information on the payer) regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed

Specification

  • SITUATED WITHIN POPULAR DISTRICT CENTRE
  • HIGH PROFILE LOCATION AT BUSY INTERSECTION
  • ENTIRE BUILDING
  • INCOME FROM ADVERTISING HOARDING

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Nicholsons Cycles For Sale Freehold £125,000.00 NA

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Contact agents

Gerry McCluskey

Shepherd Commercial

01382 604063

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