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Lot 1e

Guide Price: £115,000 - Bid Now

133 High Street, Lochee, Dundee, DD2 3BX


Key Features:

100% PRIME former RBS bank on ground floor 3,315 square feet in popular Lochee with PRIVATE CUSTOMER/STAFF CAR PARK and DELIVERY ACCESS at rear ***RENTAL POTENTIAL £30,000 per annum***VAT FREE PROPERTY close to Superdrug, Semi-chem, Poundstretcher. Ideal for retail or office use. Super investment potential.


  • Near FREE LARGE CAR PARK. GROUND FLOOR TOTAL AREA = 3,315 sq ft including super double glazed frontage, internally provide generally open plan accommodation in excellent condition (as per pics). Comprises Entrance vestibule, open plan office/retail space with kitchen and male and female w.c. facilities. PRIVATE CAR PARKING AT REAR INCLUDED
  • ***SUPER INTERNAL CONDITION.*** RENTAL POTENTIAL UP TO £30,000 PER ANNUM based on Current rate-able value being £32,700 p.a close to Pounstretcher (next door) Boots, Greggs, Baynes, William Hill, new Cash Generator opening next door (old Santander), Superdrug and Clarks (Bakers) to name a few.
  • The subjects are located within the District Centre on the east side of High Street adjacent to a good mix of national and local retailers, office occupiers. Lochee is a densely populated District situated some 5 km (3 miles) north west of Dundee City Centre. The ongoing regeneration as part of the water front development has been well documented and the proposed construction of the V & A Museum
  • ***IDEAL INVESTMENT PROPERTY*** SUPER RETURN EXPECTED. Plenty on street car parking. Would let easily. Close to primary and secondary schooling. Super spot and frontage close to Superdrug, Poundstretcher, Greggs. Dundee is located on the East Coast of Scotland approximately mid way between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (60 miles) to the south).

Description:

100% PRIME former RBS bank on ground floor 3,315 square feet in popular Lochee with PRIVATE CUSTOMER/STAFF CAR PARK and DELIVERY ACCESS at rear ***RENTAL POTENTIAL £30,000 per annum***VAT FREE PROPERTY close to Superdrug, Semi-chem, Poundstretcher. Ideal for retail or office use. Super investment potential. Near FREE LARGE CAR PARK. GROUND FLOOR TOTAL AREA = 3,315 sq ft including super double glazed frontage, internally provide generally open plan accommodation in excellent condition (as per pics). Comprises Entrance vestibule, open plan office/retail space with kitchen and male and female w.c. facilities. PRIVATE CAR PARKING AT REAR INCLUDED WITH PRIVATE DELINEATED SPACES ALSO SUPER REAR DELIVERY ACCESS. ***SUPER INTERNAL CONDITION.*** RENTAL POTENTIAL UP TO £30,000 PER ANNUM based on Current rate-able value being £32,700 p.a close to Pounstretcher (next door) Boots, Greggs, Baynes, William Hill, new Cash Generator opening next door (in the old Santander), Superdrug and Clarks (Bakers) to name a few. The subjects are located within the District Centre on the east side of High Street adjacent to a good mix of national and local retailers, office occupiers. Lochee is a densely populated District situated some 5 km (3 miles) north west of Dundee City Centre. The ongoing regeneration as part of the water front development has been well documented and the proposed construction of the V & A Museum will help establish Dundee as a major regional centre. IDEAL INVESTMENT PROPERTY WOULD GENERATE A SUPER RENTAL RETURN UP TO £30,000 PER ANNUM RENTAL.

Location:


Super spot and frontage would suit retailer, funeral director (with rear servicing) lawyers/doctors there is a dentist upstairs or call centre/ office use. Close to Superdrug, Poundstretcher, Greggs and new t open Cash Generator next door in old Santander. Dundee is located on the East Coast of Scotland approximately mid way between Aberdeen (65 miles) and Edinburgh (60 miles) overlooking the Tay Estuary and has a resident population of circa 155,000 persons and a catchment of some 235,000 persons (Source: Focus). Dundee is Scotland’s fourth largest City and is the regional centre for employment, services and retailing within Tayside.

Rateable Value:


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Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £115,000 - Bid Now


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.











Internal Open Viewings:


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    11 September 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.