Fantastic commercial opportunity, located within a prime location in Dundee.
Property would lend itself for a number of uses and is sure to appeal to a variety of buyers. Excellent renovation potential for conversion into barber shop, retail store, sunbed shop etc (subject to gaining necessary approvals)
Property has fantastic yield potential. Sure to appeal to shrewd commercial landlords looking for a property in an excellent location.
Property could potentially command a monthly rental of £8,340 - £9,000 p/a. Sure to appeal to shrewd commercial landlords.
Fantastic opportunity for business owners looking for a large unit they can operate from.
Location
Dundee is a compact, affordable Scottish city known for its strong universities, growing tech and life-sciences sector, and ongoing waterfront regeneration, which has transformed its image and economic prospects. People choose to live here for the relatively low house prices, short commuting times, good schools, and a high quality of life with easy access to countryside and coastline. Investors are attracted by solid rental demand driven by students, professionals, and NHS workers, improving infrastructure, and yields that often outperform larger cities, all underpinned by long-term regeneration projects and a diversifying local economy.
Accommodation
Property Comprises: Main retail area, office space, kitchen, WC, service areas. Property benefits from ample storage throughout.
Terms
Guide Price - £60,000
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.
Specification
- We are excited to present this fantastic commercial opportunity, located within a prime location in Dundee.
- Sure to appeal to shrewd commercial landlords and business owners looking for a spacious unit in an excellent location.
- For rental purposes, the property could potentially achieve £695 - £750 per month (£8,340-£9,000 p/a). This would provide a fantastic yield if achieved for guide price - **HIGH YIELD POTENTIAL**
- Property benefits from a rateable value of £7,200 p/a, qualifying for 100% relief from small business rates. Property is approximately 94 sqm in size.
- Property is situated in a prime location in Dundee, benefiting from large daily footfall and is located just a 7 minute drive or 20 minute walk from Dundee Train Station.