Vacant Commercial LOT 76

275 Hilltown, Dundee, DD3 7AP
BIDDING OPENS in...

Description

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

Vacant Commercial Unit within the Hilltown area of Dundee. Net Internal Area: 28.12 Sq.M (302.68 Sq.Ft). Ground Floor Retail unit in close proximity to Dundee City Centre.

--- Requires Full Refurbishment --- Popular area with on street parking. Former hairdresser unit on main road with excellent potential. Multiple potential uses (STP) - Investment opportunity.

Commercial Investment Opportunity with excellent Rental Potential. The rateable value of the premises is £2,150. Qualifies for full small business rate relief under Scottish government regulations.

Commercial Unit in Accessible Location. Close Proximity To Busy Centre. Customer Parking Available. Large Full-Time Student Population within the local area. Unit requires full refurbishment.

Dundee is the regional centre for commerce, retailing and employment within the Tayside region and is located on the east coast of Scotland. Vacant Possession Property. High Footfall Area.

The subjects comprise a ground floor retail unit - Vacant Commercial Unit within the Hilltown area of Dundee. Net Internal Area: 28.12 Sq.M (302.68 Sq.Ft). Ground Floor Retail unit in close proximity to Dundee City Centre --- Requires Full Refurbishment --- Suitable for a variety of alternative uses subject to planning consent. Popular area with on street parking. Former hairdresser unit on main road with excellent potential --- 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. Large Full-Time Student Population. Freehold Commercial Unit in Accessible Location. Close Proximity To Busy Centre. Customer Parking Available. Large Full-Time Student Population within the local area. Unit requires full refurbishment. Dundee is Scotland’s fourth largest city and is situated approximately 60 miles north of Edinburgh with a population of circa 115,000 persons, Commercial Investment Opportunity with excellent Rental Potential. The rateable value of the premises is £2,150. Qualifies for full small business rate relief under Scottish government regulations. Dundee city centre benefits from excellent transport connections, including its own airport with links to London and mainline rail services between London and Aberdeen. The premises are located to the east of the Overgate Centre which has approximately 420,000 Sq.Ft of retail floor space with an annual footfall of 14 million. The centre’s major retailers include Primark, New Look, H&M and Next. Nearby occupiers include Boots, H Samuel, Taco Bell, and Pandora. There is ease of access both to the city centre and to the A90 dual carriageway. Dundee offers all the facilities expected of a major city.

Dundee is Scotland’s fourth largest city, with an estimated population in the region of 150,000 and a catchment population of approximately 515,000. The city is the regional centre for commerce, retailing and employment within the Tayside region and is located on the east coast of Scotland with the larger centres of Aberdeen, Edinburgh and Glasgow all within a 90 minute drive time. More precisely, the subjects are located on the east side of Hilltown in a mixed commercial and residential area to the north of the city centre. Hilltown forms part of a busy vehicle and pedestrian route linking to the city centre. Dundee is currently undergoing a massive***£1 Billion Pounds*** redevelopment and regeneration programme ---This City is considered a property Hot Spot by many professional property investors.

Full Address: 275 Hilltown, Dundee, DD3 7AP

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Pricing Information & Bidding

Opening Bid: £5,000

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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: 17 April 2025, 10am-3pm
Type: Timed Online Auction

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