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Property

Auction
Property
Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 11 July 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 2% of Sale Price (Min £3250 +vat)

IMMEDIATE INCOME PRODUCING HIGH STREET INVESTMENT* Large detached commercial premises in Dundee City Centre. IMMEDIATE RENTAL INCOME OF £24,000 PER ANNUM* VAT FREE PROPERTY. *EXCELLENT RETURN ON INVESTMENT. Currently LET on 10 YEAR LEASE to Salon Fierce Ltd at £24,000 PER ANNUM. SUBSTANTIAL detached single storey building. RECENTLY REFURBISHED. Popular trading location with excellent footfall and drive by traffic. * VAT FREE, no vat payable as not elected for vat. PRIME TRADING LOCATION. EXCELLENT frontage on to BUSY High Street.This is an established commercial location and nearby occupiers include Aldi, Papa Johns, Indigo Sun, Co-op Funeral Care, Ladbrokes, Majestic Wine and a number of other local retailers. SUPER LOCATION in Arbroath on the East Coast of Scotland. The property sits at the foot of Kingsway which is Dundee’s outer ring road. HIGH PASSING TRADE.

Auction Details
11 July 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
Full profileProperty listings
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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