Vacant Commercial LOT 11

122 Logie Street, Dundee, DD2 2PY
BIDDING OPENS in...

Description

  • Status:
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

Executory Sale --- Double fronted commercial premises with basement on busy thoroughfare within the centre of the City of Dundee. Requires full refurbishment - Not suitable for occupancy.

Close Proximity To Busy Centre - Net Area: 115.28 Sq.M (1240.86 Sq.Ft) with BASEMETN AREA. Dundee is Scotland’s fourth largest city and is situated approximately 60 miles north of Edinburgh.

Fantastic commercial opportunity on a busy Logie Street on the outskirts of the city - Vacant Commercial Unit --- Qualifies for full small business rate relief under Scottish government regulations.

Population of circa 115,000 persons. The city benefits from excellent transport connections, including its own airport with links to London and mainline rail services between London and Aberdeen.

Dundee remains the main administrative and commercial centre for the Tayside area which has been through a period of urban regeneration in recent years.

Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand --- Requires Full Refurbishment --- Popular area with on street parking. Double fronted unit on main road with excellent potential. Multiple potential uses (STP) - Investment opportunity. House prices in Logie Street have an overall average of £55,500 over the last year. Overall, the historical sold prices in Logie Street over the last year were 29% down on the previous year and 65% down on the 2014 peak of £157,500. Commercial Investment Opportunity with excellent Rental Potential (non habitable condition currently). The rateable value of the premises is £3,600. Qualifies for full small business rate relief under Scottish government regulations - Vacant Possession Property. Commercial Premises in Accessible Location. Close Proximity To Busy Centre. Customer Parking Available. Large Full-Time Student Population within the local area. Unit requires full refurbishment - Eligible for Small business rates relief *** NO VAT*** Attractive Lot Size *** Discounted opportunity to acquire a vacant commercial unit in popular central location in Dundee City Centre. Dundee is the regional centre for commerce, retailing and employment within the Tayside region and is located on the east coast of Scotland.

Dundee, with a population approaching 150,000, lies on the north bank of the Firth of Tay approximately 25 miles east from Perth. The city benefits from a mainline railway station sitting on the East Coast Line with a further rail link to Perth and the Central Scotland area. Dundee also has the benefit of excellent road links to Aberdeen to the north with access to the main motorway network via the M90 and M9 to the south and east. The Dundee Waterfront Project is also well underway with major infrastructure improvements now complete. The long awaited V & A Museum and Visitor Centre opened to the public in September 2018 enjoying a high level of visitor number and forming the centrepiece of the Waterfront Development. In addition there has been major redevelopment of Dundee Railway Station including the provision of further hotel accommodation to serve the city. The Eden Project which will transform the City further being planned for a derelict site on East Dock Street and connecting to the Waterfront via a proposed pedestrian bridge. Overall this significant investment in the city will undoubtedly increase economic activity and continue the reinvigoration of Dundee.

Full Address: 122 Logie Street, Dundee, DD2 2PY

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Pricing Information & Bidding

Opening Bid: £5,000

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: 18 September 2025, 12pm
Type: Timed Online Auction

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