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Description

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

SUPER SIZED COMMERCIAL UNIT IN PRIME TRADING POSITION on Lochee High Street offered with vacant possession. Realistic potential rental income of up to £18,000 per annum. HOT FOOD (CLASS 3) POTENTIAL.

PRIME COMMERCIAL INVESTMENT OPPORTUNITY. Occupier has traded as a dry cleaner from this position for over 50 years. Super size- 112sqm (1,200 sqft) with additional basement space. Multi-use potential

Originally 3 separate units- The opportunity exists to split the property to create 2 or 3 smaller individual units (subject to necessary consents) or for continued use as large individual unit.

POTENTIAL FOR CLASS 3 (HOT FOOD) EXISTS as the building is semi detached and flues are already in place. Potential rental income in excess of £18,000 per year in HIGH DEMAND SPOT.

EXTREMELY WELL ESTABLISHED TRADING POSITION with the occupiers trading successfully from this location for in excess of 50 years. HIGHY VISIBLE FRONTAGE onto popular High Street. High passing footfall

SUPER SIZED COMMERCIAL UNIT IN PRIME TRADING POSITION on Lochee High Street offered with vacant possession. Realistic potential rental income of up to £18,000 per annum. HOT FOOD (CLASS 3) POTENTIAL. PRIME COMMERCIAL INVESTMENT OPPORTUNITY. Occupier has traded as a dry cleaner from this position for over 50 years. Super size- 112sqm (1,200 sqft) with additional basement space. Multi-use potential Originally 3 separate units- The opportunity exists to split the property to create 2 or 3 smaller individual units (subject to necessary consents) or for continued use as large individual unit. POTENTIAL FOR CLASS 3 (HOT FOOD) EXISTS as the building is semi detached and flues are already in place. Potential rental income in excess of £18,000 per year in HIGH DEMAND SPOT. EXTREMELY WELL ESTABLISHED TRADING POSITION with the occupiers trading successfully from this location for in excess of 50 years. HIGHY VISIBLE FRONTAGE onto popular High Street. High passing footfall

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). Neighbouring occupiers include Ramsay Travel Agents, Premier convenience store with Royal Mail Post office and adjacent to public car park. Super spot and frontage close to Superdrug, Poundstretcher, Greggs. 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

Full Address: 154-158 High Street, Lochee, Dundee, DD2 3BZ

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Pricing Information & Bidding

Opening Bid: £107,000

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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Offer Now... You may submit an offer now on this property for the owner 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.

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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: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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