Guide price
£20,000Property for sale
High Street, Dundee
Auction
Property
322 sq ft / 30 sq m
Features and description
- Tenure: Freehold
- Tenanted commercial unit
- Current rental income £4500pa
- Ideal for retail/office accommodation
- Excellent addition to portfolio for landlord
- Well presented throughout
Commercial unit
Tenanted commercial unit on popular Lochee High Street, approximately 2.5 miles north west of Dundee city centre. The unit extends to approximately 30 sq.m (322 sq.ft) on ground floor level, with accommodation comprising main sales area, prep area and WC. This well-presented unit offers an ideal addition to a commercial portfolio or for landlords. Current rental income is £4,500 p.a, offering a gross rental yield in excess of 22% at Guide Price. Such great value is sure to be snapped up quickly, so early expression of interest is essential.
Lochee is situated approx. 2.5 miles north west of Dundee city centre and is currently enjoying a period of regeneration including housing development and council refurbishment. Dundee is Scotland’s fourth largest city and is recognised as a centre of excellence for further education with two universities – Dundee and Abertay Universities. Dundee has its own airport and is also conveniently located on the main East coast line for train services to London Kings Cross.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
Tenanted commercial unit on popular Lochee High Street, approximately 2.5 miles north west of Dundee city centre. The unit extends to approximately 30 sq.m (322 sq.ft) on ground floor level, with accommodation comprising main sales area, prep area and WC. This well-presented unit offers an ideal addition to a commercial portfolio or for landlords. Current rental income is £4,500 p.a, offering a gross rental yield in excess of 22% at Guide Price. Such great value is sure to be snapped up quickly, so early expression of interest is essential.
Lochee is situated approx. 2.5 miles north west of Dundee city centre and is currently enjoying a period of regeneration including housing development and council refurbishment. Dundee is Scotland’s fourth largest city and is recognised as a centre of excellence for further education with two universities – Dundee and Abertay Universities. Dundee has its own airport and is also conveniently located on the main East coast line for train services to London Kings Cross.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
About this agent
Auction House Scotland - Scotland
Office 2, Craigs Business Centre
Macdowall St, Paisley, Renfrewshire
PA3 2NB
0141 376 7959Auction House Scotland is a robust, respected and experienced company with high service standards. As part of the UK’s leading network of regional auction rooms, we have an extensive database of national and international buyers, and as a result, hold an impressive selling success rate – selling 88% of lots across our 2022 in-room livestream auction sales. Our team include a mix of skilled property professionals with a combined 100+ years of experience in the property industry. With their expertise and honest advice, they can guide you as to the most suitable method of sale for your circumstances. Whether you are buying or selling at auction, our team will be there to guide you throughout the entire sales journey. Regardless of the property type, condition or location in Scotland, our team can help. Get in touch today on [use Contact Agent Button] for free auction advice.