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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

1,691sq ft ground floor unit let to Bet Fred with Passing Rent: £22,500p.a until March 2029. held in a full repairing and insuring head lease. Prime High St Location. Fantastic tenant.

Internally the property is presented in a good condition aligned with the tenants corporate specification. Partitions have been recessed to form staff and customer w.c facilities and tea prep area.

The property has been calculated to extend to the following floor area; Ground: 157sqm (1,691sq ft)

The property is situated on High Street on a busy and prominent position within the suburb of Lochee in the City of Dundee.

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 property forms the ground floor of a larger mixed use development surmounted by a pitched roof. The property offers a prominent aluminium framed and glazed frontage with single door access. Internally the property is presented in a good condition aligned with the tenants corporate specification with suspended acoustic tile ceiling. Partitions have been recessed to form staff and customer w.c facilities and tea prep area. The property has been calculated to extend to the following floor area; Ground: 157sqm (1,691sq ft) The property is held in a full repairing and insuring head lease in the following terms; Tenant: Done Brothers (Cash Betting) Ltd t/a Betfred Expiry: 7th March 2029 Passing Rent: £22,500p.a Tenant Break: March 2027 Further: The tenant has been in situ since 2009.

The property is situated on High Street on a busy and prominent position within the suburb of Lochee in the City of Dundee. 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 Aberdeen, Edinburgh and Glasgow all within 90 minutes’ drive time. The city has its own Airport with daily flights to London (Stansted Airport). Dundee Railway Station forms part of the main East Coast Railway Line, which runs services into London Kings Cross station. The centre piece to the waterfront development is the V&A Dundee an International Centre for Design in Scotland, the first design museum built in the UK outside London. Neighbouring occupiers include Farmfoods, Lochee Sports Centre & Swimming Pool, Posh Nosh Cafe and Oxfam.

Full Address: 107 High Street, Lochee, Dundee, DD2 3BX

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £22,500 per year / £1,875 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

Document Downloads

  Legal Docs (Pending)

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Pricing Information & Bidding

Opening Bid: £158,000

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 12 February 2026, 10am-3pm
Type: Timed Online Auction

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