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Special Terms of Sale

  • Buyers Fee (?) 2% of Sale Price (Minimum of £3250 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

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

4,384sq ft)PRIME DUNDEE CITY CENTRE Four Storey Building. Ground floor existing retail with development opportunity on upper floors for office/residential. Full Rental Capability: £40,000-£50,000pa.

Ground: 75.48sqm (812sq ft) 1st: 121.84sqm (1,312sq ft) 2nd: 105sqm (1,130sq ft) 3rd: 105sqm (1,130sq ft) Total: 407.32sqm (4,384sq ft)

Comprise a ground and first floor commercial unit contained within a mid-terraced 4 storey property. Development opportunity. PRIME POSITION WITH HIGH RESIDENTIAL DEMAND

SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

Prominent position located across from the Wellgate Shopping Centre. HIGH FOOTFALL LOCATION. Nearby occupiers include Holland & Barratt, Tesco, Marks & Spencers.

PRIME CITY CENTRE 407.32sqm (4,384sq ft). Vacant four storey commercial premises in busy Dundee City Centre location. SUPER SIZE AND LOCATION. Full Rental Capability: £40,000-£50,000pa. Massive yield opportunity. Development Opportunity on upper floors. May suit office or residential uses subject to consents. Ground: 75.48sqm (812sq ft) 1st: 121.84sqm (1,312sq ft) 2nd: 105sqm (1,130sq ft) 3rd: 105sqm (1,130sq ft) Total: 407.32sqm (4,384sq ft) Comprise a ground and first floor commercial unit contained within a mid-terraced 4 storey property. Development opportunity. PRIME POSITION WITH HIGH RESIDENTIAL DEMAND SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Prominent position located across from the Wellgate Shopping Centre. HIGH FOOTFALL LOCATION. Nearby occupiers include Holland & Barratt, Tesco, Marks & Spencers.

The property sits adjacent to the Wellgate Shopping Centre with immediate and surrounding operators including Holland & Barratt, Tesco, Marks & Spencer with a further national offering within the Wellgate Shopping Centre. Dundee is located on the East Coast of Scotland approximately mid way between Aberdeen (65 miles to the north) and Edinburgh (60 miles to the south). The city has a resident population of circa 155,000 persons and a catchment of some 235,000 persons.

Full Address: 18 Murraygate, Full Building Portfolio, Dundee City Centre, DD1 2AZ

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Pricing Information & Bidding

Opening Bid: £192,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Buy Now Price = £225,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

BUY NOW for £225,000 - CLICK HERE

Auction Details

Date & Time: 17 October 2024, 10am-3pm
Type: Timed Online Auction

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