BIDDING OPENS in...

Description

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

PRIME 3.05 ACRE 10,950sq ft Pub, Grill, Soft Play, Events Complex with over 100 car parking spaces located At Dundee Airport. RENTAL ESTIMATE of £165,000p.a. Super future Development Potential.

Ground-floor space is dedicated to the pub and restaurant with soft play area, while the first floor houses managers living accommodation. Ground Floor: 9,450 sq ft First Floor: 1,500 sq ft

Fully Fitted Turn-key Operation, with additional potential for redevelopment or subdivision (subject to consent). Refurbished in 2020 with refreshed interior and upgraded the kitchen facilities.

The site may lend itself to subdivision alternatively further redevelopment with erection of other premises within the car park (subjective necessary consents)

Riverside Inn is situated on Riverside Drive, offering a desirable riverside location with attractive surroundings and excellent potential for a variety of commercial opportunities.

Riverside Inn is a large, family-oriented pub and grill. It features an attached Wacky Warehouse soft play area for children, making it a popular spot for families, casual dining, and events. The premises is an ideal location for families and large groups with a large number of events & parties regularly hosting events there. Refurbished in 2020 with refreshed interior and upgraded the kitchen facilities. The property is of steel portal Construction with exterior cladding surmounted by a pitched roof. The benefits from its own private car park with in excess of 100 spaces. The site may lend itself to subdivision alternatively further redevelopment with erection of other premises within the car park (subjective necessary consents) The property benefits from manager / staff accommodation at upper floor comprising 2 residential apartments. NAV/RV: £55,300 The property benefits from premises and on sales licence

Maps & Location

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The property is situated on a busy main thoroughfare leading into and from Dundee city centre, with an unparalleled view of Dundee Airport. Dundee Airport acts as a major private air terminal for events in the Tayside area including major golfing events at St Andrews. Dundee is located on the East coast of Scotland approximately mid-way between Aberdeen to the North and Edinburgh to the South with a resident population of approximately 155,000 and an extended catchment of 235,000. Dundee is Scotland’s fourth largest city and is the regional centre for employment.

Document Downloads

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Pricing Information & Bidding

Opening Bid: £1,290,000

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 & 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)

  • Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.

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    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 for each property which may differ in deposit amount, completion and buyers fee.

    * 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.

General Terms & Conditions of Sale
Lot Specific Terms - Riverside Inn, Riverside Drive, Dundee






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