107 High Street, Lochee, Dundee, DD2 3BX
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- PRIME NEW ENTRY. We are excited to bring to market this Tenanted Commercial Investment Opportunity, located within a prime high street location in Dundee.
- For rental purposes, the property is tenanted with a long term tenant of over 30 years. Currently achieving annual rent of £22,500. This would provide a fantastic yield if achieved for guide price.
- Sure to appeal to shrewd investors looking for a readily let opportunity. Excellent high yielding returns from a blue chip tenant.
- Property is situated in a prime high street location, benefiting from large daily footfall.
- Opportunities like this are rarely available. Sure to appeal to commercial landlords looking for grade A covenant.
Description
- PRIME NEW ENTRY. We are excited to bring to market this Tenanted Commercial Investment Opportunity, located within a prime high street location in Dundee.
- For rental purposes, the property is tenanted with a long term tenant of over 30 years. Currently achieving annual rent of £22,500. This would provide a fantastic yield if achieved for guide price.
- Sure to appeal to shrewd investors looking for a readily let opportunity. Excellent high yielding returns from a blue chip tenant.
- Property is situated in a prime high street location, benefiting from large daily footfall.
- Opportunities like this are rarely available. Sure to appeal to commercial landlords looking for grade A covenant.
PRIME NEW ENTRY. We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Dundee.
Property is tenanted by long standing business, Betfred, who had an annual revenue of £1.4billion last year.
Property is currently tenanted at £22,500 p/a (£1,875 per month). Property could potentially achieve £2,000 p/m.
Property comprises: main retail area / gaming area, office spaces, 2 x WC.
Sure to appeal to shrewd commercial investors looking for rare opportunity to acquire a property with well established business operating.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our
Offer Now
button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location
Dundee is a vibrant city on the east coast of Scotland, known for its rich industrial heritage and modern cultural revival. Historically famous for industries like jute, jam, and journalism, Dundee has transformed into a hub for design, technology, and education, home to institutions such as the University of Dundee and Abertay University. The city sits along the River Tay, offering scenic waterfront views that have been revitalized with attractions like the V&A Dundee, Scotland's first design museum. With a mix of historic landmarks, a growing arts scene, and strong connections to the video game industry, Dundee combines tradition with innovation, making it one of Scotland's most dynamic smaller cities.
107 High Street, Lochee, Dundee, DD2 3BX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dundee Station1.8 miles
- Invergowrie Station2.1 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 225404097. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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