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Description
Tenanted commercial premises with dedicated parking spot to rear of property. Refurbished internally. Internally 300 Sq.Ft open plan accommodation in excellent condition.
Refurbished with double glazing, internal toilet and kitchen facilities. Tenure: Freehold - Outright Ownership. Tenanted investment with tenant paying £350 per month - £4,200 per annum.
EXCELLENT SIZE with square footage circa 300 Sq.Ft. VAT FREE PROPERTY. Occupiers nearby including Superdrug, Boots The Chemist, British Heart Foundation, Semi-Chem and Poundstretcher.
Lochee is a densely populated district situated some 3 miles north west of Dundee City Centre. Would be an ideal long term investment with tenant paying £350 per month. Car parking included in sale.
VERY GOOD PERFORMER UNIT - The property is situated on the east side of High Street within the suburb of Lochee in Dundee. All units occupied in building. On street customer parking available.
Tenanted commercial premises with dedicated parking spot to rear of property. Refurbished internally. Internally 300 Sq.Ft open plan accommodation in excellent condition. EXCELLENT SIZE with square footage circa 300 Sq.Ft. VAT FREE PROPERTY. Occupiers nearby including Superdrug, Boots The Chemist, British Heart Foundation, Semi-Chem and Poundstretcher. VERY GOOD PERFORMER UNIT - The property is situated on the east side of High Street within the suburb of Lochee in Dundee. All units occupied in building. On street customer parking available. NIL RATES PAYABLE UNDER SMALL BUSINESS RATE RELIEF SCHEME - VERY GOOD PERFORMER UNIT - The property is situated on the east side of High Street within the suburb of Lochee in Dundee. All units occupied in building. On street customer parking available. Lochee is a densely populated district situated some 3 miles north west of Dundee City Centre. Would be an ideal long term investment with tenant paying £350 per month. Car parking included in sale.
Tenancy Details
Type of Agreement: Basic LeaseLength: Annual
Rent: £4,200 per year / £350 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: Tenanted investment with tenant paying £350 per month - £4,200 per annum. Lease signed February 2023 until February 2024. Beauty Salon.
Maps & Location
Map Street View SatelliteNeighbouring occupiers include convenience store. Adjacent to public car parks. 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). 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. Dundee is Scotland’s fourth largest City and is the regional centre for employment, services and retailing within Tayside
Document Downloads
Pricing Information & Bidding
Opening Bid: £26,000
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Terms & Conditions 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)
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General Terms & Conditions of Sale
Lot Specific Terms - 172High Street, Unit B, Lochee