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Description

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

SUBSTANTIAL SIZED property extending to approx. 19,306 sq ft over 3 floors in PROMINENT POSITION within Dundee CITY CENTRE. ***IMMEDIATE RETURN ON INVESTMENT

Currently LET to 3 separate tenants all on NEW 5 year leases with a combined rental income of £98,000 Per Annum.

Category B Listed building, comprises office accommodation over ground, first and second floors. Car park provides 26 marked spaces.

approx. floor sizes; Ground Floor - 602.46 sq m - (6,485 sq ft). First Floor - 610.73 sq m - (6,574 sq ft). Second Floor - 580.38 sq m - (6,247 sq ft). Total - 1,793.57 sq m - (19,306 sq ft).

HUGE RETURN ON INVESTMENT*** Located on the east side of North Lindsay Street between its junctions with Ward Road and South Ward Road in Dundee city centre.

SUBSTANTIAL SIZED property extending to approx. 19,306 sq ft over 3 floors in PROMINENT POSITION within Dundee CITY CENTRE. ***IMMEDIATE RETURN ON INVESTMENT. Currently LET to 3 separate tenants all on NEW 5 year leases with a combined rental income of £98,000 Per Annum. The building has two separate entrances to North Lindsay Street, the north most of which leads into an entrance foyer and thereafter to a lift and staircase providing access to each floor. The second entrance at the south end of the frontage provides separate access to the ground floor. There is also a rear service door which provides access from a car park located to the rear of the building. Car park provides 26 marked spaces. approx. floor sizes; Ground Floor - 602.46 sq m - (6,485 sq ft). First Floor - 610.73 sq m - (6,574 sq ft). Second Floor - 580.38 sq m - (6,247 sq ft). Total - 1,793.57 sq m - (19,306 sq ft).

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.

Full Address: 43-45 North Lindsay Street, Dundee, DD1 1PW

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Map & Location

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Tenancy Details

Type of Agreement:
Length:
Rent: £98,000 per year / £8,167 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: New 5 year leases

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Pricing Information & Bidding

Opening Bid: £675,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • 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 a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 04 September 2025, 10am-3pm
Type: Timed Online Auction

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