![](https://media.onthemarket.com/properties/14997654/1493103632/image-0-1024x1024.jpg)
![](https://media.onthemarket.com/properties/14997654/1493103632/image-0-1024x1024.jpg)
![](https://media.onthemarket.com/properties/14997654/1493103632/image-1-1024x1024.jpg)
Shop for sale
Property description & features
- Tenure: Freehold
- Prime city centre location
- Solid investment opportunity
- Multiple potential uses (STP)
* Well maintained traditional building* Ideal Size of Unit: Circa 573 Sq ft*
The property has RV of £8900*
Eligible for Small business rates relief* NO VAT* Attractive Lot Size*
Great location with a large mix of nearby occupiers including National and local operators*
This property has an estimated rental value of £12,000 per annum
* Potential 20% rental yield at Guide Price
* PROPERTY MUST BE SOLD* GREAT INTERNAL CONDITION* Turn Key Opportunity
*22 Castle St Flat 12 Sold £164k (July 23)* 36B Castle St Sold £159k
June 23)*8 Castle St Flat 14 Sold £140.5k (May 23)*36 Castle St Flat C
Sold £157k (May 23)
* GOOD QUALITY RESIDENTIAL DISTRICT*
Close to Estate agents, property managers, Hidden hearing, restaurants, boutique specialist retailers, hairdresser, accessories, Newsagent
*Would Make a Fantastic Coffee or Sandwich Shop / Barber or Hairdresser / Retail Unit or Office*
*Dundee has 2 Universities & a population of circa 160,000 people---The 4th Largest city in Scotland & is on the main route linking Aberdeen with both Glasgow & Edinburgh.
*Heavily Discounted Property in popular City*
*VERY ATTRACTIVE*
Discounted opportunity to acquire a vacant commercial unit in popular central location in Dundee City Centre
* The subjects comprise a ground floor retail unit contained within a four storey plus attic traditional stone constructed tenement, under a pitched and slated roof. The
subjects comprise a main retail area leading to a back shop/storage area and single WC. Access is gained via a recessed aluminium glazed pedestrian door whilst the subjects also benefit from a single display window fronting Castle Street
* At 573 Sq Ft this is a nice seized unit that will potentially attract local tenants*
Dundee is Scotland's fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce. Retailing and employment within Tayside, and is located on the east coast of Scotland with 90% of the country's population within 90 minutes' drive time. The subject property is located on the south-east side of Castle Street, within close proximity of Dundee's High Street/ Murraygate area which incorporates Dundee's prime shopping area and the Overgate Shopping Centre.
Dundee is currently undergoing a massive*£1 Billion Pounds* redevelopment & regeneration programme---This City is considered a property Hot Spot by many professional property investors*
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Please note that one of the directors of the vendor is also a director of Online Property Auction Group Ltd.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 248699. 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 Online Property Auctions Scotland - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.