PRIME NEW LISTING. We are excited to present this large tenanted commercial unit located within a prime location in Dundee.
Perfect for investors seeking a turnkey investment opportunity in a popular area, this property provides immediate income from day one with minimal hassle, making it an attractive prospect. The property is currently run as a photography studio and could be used as any shop or cafe (subject to planning permission).
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Location
Dundee is a vibrant city known for its rich history, dynamic cultural scene, and thriving industries. Positioned on the north bank of the Firth of Tay, Dundee offers excellent transport links and a bustling community atmosphere, making it an ideal place for both business and leisure.
Accommodation
The property comprises a large commercial space measuring 50.19 square metres (540.24066 sqft), ideal for a variety of commercial uses and opportunities.
Terms
Guide Price - £40,000
Currently generating a rental income of £345 per month, this property offers fantastic potential to increase rents to between £400-£500 per month, aligning with the current market in the area.
With a rateable value of £4266, the property benefits significantly from the Small Business Bonus Scheme (SBBS), making it an economically appealing choice for potential buyers seeking a savvy investment.
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.