Excellent Commercial Opportunity located within a prime high street location in Dundee - Guide price £325,000
Prime Opportunity. Property has potential for a builder/investor/developer to bring to life. Excellent commercial development opportunity for shrewd investors looking for a rare auction property they can put their own stamp on.
For rental purposes, the property could potentially attract a rental income of £55,000 - £75,000 per annum, which would provide an excellent 17% - 23% gross yield if achieved for the guide price of £325,000 - ***HIGH YIELD POTENTIAL***
Sought after high street location benefiting from large daily footfall.
Property has a Guide price of £325,000 and is sure to appeal to investors looking for an easily lettable commercial property or owner occupiers looking for a large commercial unit they can operate as business.
Potentially high yielding investment property.
Location
Dundee, located on Scotland's east coast, offers commercial investors a compelling mix of factors. Its ongoing regeneration projects, particularly in the waterfront area with landmarks like the V&A Dundee, signal a commitment to urban revitalization and draw attention from tourists and businesses alike. The city's prestigious educational institutions, including the University of Dundee, provide a skilled workforce and foster innovation, particularly in sectors like technology and healthcare. With its strategic location offering easy access to transportation networks and proximity to major cities, Dundee serves as an ideal hub for businesses looking to access both domestic and international markets. Coupled with a high quality of life, business support initiatives, and tourism potential stemming from its cultural attractions and scenic surroundings, Dundee presents a compelling investment opportunity in Scotland.
Accommodation
Property comprises: Commercial unit: Customer service counter, drinks dispenser, cooking equipment, large cooking area, kitchen, bathrooms, storage areas. Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for a rare commercial investment opportunity.
Terms
Guide Price - £282,000
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
- Prime Property Auctions is excited to bring to market this excellent Commercial Opportunity located within a prime high street location in Dundee - Guide price £325,000
- Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for a rare commercial investment opportunity.
- For rental purposes, the property could potentially attract a rental income of £55,000 - £75,000 per annum, which would provide an excellent 17% - 23% gross yield if achieved for the guide price of £325,000 - ***HIGH YIELD POTENTIAL***
- Property has potential for builder/investor/developer to bring to life. Excellent commercial development opportunity for shrewd investors looking for a rare auction property they can put their own stamp on.
- Property is located on a busy high street location in Dundee benefiting from large footfall.