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Investment

Investment For Sale Dundee

PROPERTY ID: 129314

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,760 sq.ft

Key Features

Income Producing Retail Property
City Centre Location
Let To Black Sheep Coffee
Lease Expiring June 2038 (Subject To Break Option)
Passing Rent £45,000 Per Annum
Offers Of £450,000 Are Invited
NIY 9.59%

Property Details

Dundee is Scotlands fourth largest city with an estimated population of approximately 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retail and employment within the Tayside region and is located on the east coast of Scotland with 90% of the country's population within a 90 minutes' drive time. More precisely, the property sits on the north side of Dundee High Street between its junction with Reform Street and the continuation to Murraygate. High Street forms part of Dundee's prime pedestrianised retail thoroughfare merging to the Overgate Shopping Centre. Surrounding tenants are largely of a local covenant to include, Greggs, RBS, Ladbrokes etc. The approximate location is shown by the plan.

The Subjects Comprise A Ground, First And Basement Level Retail Unit Contained Within A Traditionally Constructed Mid Terraced Building. The Property Has The Benefit Of A Large Glazed Modern Double Frontage Directly Onto High Street. The Subjects Are Occupied By Black Sheep Coffee And As Such Are Fitted Out In Connection With The Corporate Brand. Ground Floor Level Comprises The Café With Wc Facilities. The Layout Is Modern And Open Plan. Upper Floors And Basement Level Are Utilised For Storage And Staff Facilities.

About the Agent

Graham & Sibbald-Dundee

See Agent's Other Properties

Investment Unit

£450,000 Freehold

75 High Street, Dundee, DD1 1SD
Investment - Available
2,760 sq ft
256 sqm
Show phone number

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