Commercial Investment Opportunity located on a busy thoroughfare of Lochee. Fantastic opportunity generating immediate revenue.
Currently occupied, rental is achieving £600 PCM (£7,200 PA), which provides an excellent 8% yield if achieved for guide price.
This rare-to-market commercial property is perfect for investors seeking hassle-free, ready-let investments. Opportunities like this in such a prime locale are few and far between, making it a must-see for serious buyers.
Location
Lochee, a historic district in Dundee, Scotland, offers promising investment opportunities driven by its strategic location, regeneration efforts, and growing local economy. Situated just minutes from Dundee city center, Lochee benefits from excellent transport links and close proximity to key urban amenities, making it a convenient and accessible area for development. The district has a rich industrial heritage, historically linked to the jute industry, and is now undergoing significant redevelopment to enhance its appeal. Recent investments in housing, retail, and public spaces aim to boost the area’s economic potential and quality of life for residents. With its affordability, urban renewal initiatives, and proximity to Dundee’s thriving sectors in technology, life sciences, and education, Lochee presents a strong case for investors seeking opportunities in residential and commercial development within a regenerating urban environment.
Accommodation
The Last Tram is a bar which offers a large selection of alcoholic and soft drinks.
Terms
Guide Price - £90,000
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
- Fantastic Commercial Investment Opportunity located on a busy thoroughfare of Lochee.
- Currently occupied, rental is achieving £600 PCM (£7,200 PA), which provides an excellent 8% yield if achieved for guide price ***FANTASTIC YIELDING INVESTMENT***
- Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.
- Fantastic Opportunity for Commercial investors looking for an affordable commercial premises generating immediate revenue in a busy location