Unit 6 Monifieth Shopping Centre
£85.79 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,963 sq ft
368 sq m
- SECTOR
Shop for sale
Key features
- PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within a prime location in Monifieth.
- Currently producing £2,083.33 per month, which is £25,000 per annum; rateable value £23,800, subject to eligibility.
- The lease expires on 14/07/2032, with a tenant break option on 15/07/2027 and a rent review due on 15/07/2027.
- A genuine turnkey investment with long-term tenants already in place, offering an attractive hands-off addition to a portfolio.
- A genuine turnkey investment with long-term tenants already in place, offering an attractive hands-off addition to a portfolio.
Description
- PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within a prime location in Monifieth.
- Currently producing £2,083.33 per month, which is £25,000 per annum; rateable value £23,800, subject to eligibility.
- The lease expires on 14/07/2032, with a tenant break option on 15/07/2027 and a rent review due on 15/07/2027.
- A genuine turnkey investment with long-term tenants already in place, offering an attractive hands-off addition to a portfolio.
- Positioned in a strong trading area with high footfall, helping to underpin ongoing occupier demand and rental stability.
PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within prime location in Monifieth.
The property comprises a commercial retail store, well suited to a variety of occupiers and positioned to benefit from the established trading environment of the shopping centre.
The asset is currently producing £2,083.33 per month, which is £25,000 per annum, making this a straightforward, income-producing investment for the shrewd buyer seeking immediate returns from day one. For additional context, the stated market rent is £2,083.00 per month, which is £24,996 per annum, providing a useful benchmark for future letting potential subject to tenancy and due diligence.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control of this commercial investment.
The lease expires on 14/07/2032, with a break option on 15/07/2027, and the rent is set at £25,000 per annum (paid at £6,250 quarterly) with a rent review scheduled for 15/07/2027.
This is a turnkey investment with long-term tenants, offering a strong blend of security and simplicity for investors.
It is situated in a great area with high footfall, supporting sustained trading conditions and making the unit an appealing proposition for continued occupation.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The property has a rateable value of £23,800, subject to eligibility.
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
Monifieth is an established Angus town within easy reach of Dundee, offering an attractive commercial setting supported by a settled local catchment and consistent day-to-day footfall. The property benefits from its position within a recognised retail environment, encouraging passing trade and repeat custom from nearby residents and surrounding businesses. Road connections provide convenient access to the wider region, while Monifieth railway station enhances accessibility for staff and customers travelling from neighbouring areas. The town's mix of convenience retail, services and local operators underpins occupier demand, making it a practical and resilient location for tenants and investors alike.
Unit 6 Monifieth Shopping Centre
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Monifieth Station0.2 miles
- Balmossie Station1.0 miles
- Broughty Ferry Station2.4 miles
Notes
Disclaimer - Property reference 228750892. 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, 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, Glasgow on 0141 673 3554.
*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.”