Commercial unit

Tenanted commercial unit on popular Lochee High Street, approximately 2.5 miles north west of Dundee city centre. The unit extends to approximately 30 sq.m (322 sq.ft) on ground floor level, with accommodation comprising main sales area, prep area and WC. This well-presented unit offers an ideal addition to a commercial portfolio or for landlords. Current rental income is £4,500pa, offering a gross rental yield in excess of 22% at Guide Price. Such great value is sure to be snapped up quickly, so early expression of interest is essential.

Tenure

Freehold

Area

Lochee is situated approx. 2.5 miles north west of Dundee city centre and is currently enjoying a period of regeneration including housing development and council refurbishment. Dundee is Scotland’s fourth largest city and is recognised as a centre of excellence for further education with two universities – Dundee and Abertay Universities. Dundee has its own airport and is also conveniently located on the main East coast line for train services to London Kings Cross.

Local Authority

Dundee City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.