This property is no longer on the market
Property
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry Commercial shop in busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!*£50,000 GUIDE PRICE*
- Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!
- Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle.
- Potential to renovate to to residential with massive rental upside.Subject to planning and gaining the necessary information.
- Property is situated on an attractive main road plot, benefiting from easy access and lots of passing trade.
- Prime Property Auctions New Entry - Large Commercial unit on busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!*£50,000 GUIDE PRICE*
- Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!
- Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle once renovated.
- Potential to convert to residential with massive rental upside (Subject to planning and gaining the necessary permission).
- Property is situated on an attractive main road, benefiting from easy access and passing trade.
Prime Property Auctions New Entry - Fantastic renovation opportunity. Huge potential rental income once renovated and let!*£50,000 GUIDE PRICE*
The property comprises: One floor with massive open plan, storage space as well as a bathroom.
If potential to convert to flats, 1 bedrooms in the area are achieving £650 - £750 PCM (£7,800- £9,000 P/A) and 2 bed flats achieve £900-£1,000 PCM (£10,800 - £12,000 P/A).
Alternatively, if the property was to be kept as a commercial, unit could achieve £20,000 P/A *HIGH YIELD POTENTIAL*
Property is vacant as there must be renovations done to bring it back to standard.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location
Dundee is nestled on the north bank of the River Tay, approximately 60 miles north of Edinburgh and 13 miles east of Perth. The vibrant city boasts a resident population of around 150,000, offering a perfect blend of scenic beauty and urban convenience. The City Centre stands as the bustling heart of Dundee's retail district, filled with charming shops, cafes, and local businesses. A well-designed road and rail network provides easy access to and from the area, ensuring seamless connectivity for residents and visitors alike. Surrounding the city, you'll find a mix of residential and commercial properties, creating a vibrant community atmosphere.
Places of interest
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Property reference 207191513. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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