Unit 4, 70-108, Seagate, Dundee, DD1 2ET
- PROPERTY TYPE
Commercial Property
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Prime Property Auctions New Entry -Commercial shop in busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***
- Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!
- Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle.
- Potential to renovate to to residential with massive rental upside.Subject to planning and gaining the necessary information.
- Property is situated on an attractive main road plot, benefiting from easy access and lots of passing trade.
Description
- Prime Property Auctions New Entry - Large Commercial unit on busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***
- Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!
- Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle once renovated.
- Potential to convert to residential with massive rental upside (Subject to planning and gaining the necessary permission).
- Property is situated on an attractive main road, benefiting from easy access and passing trade.
Prime Property Auctions New Entry - Fantastic renovation opportunity. Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***
The property comprises: One floor with massive open plan, storage space as well as a bathroom.
If potential to convert to flats, 1 bedrooms in the area are achieving £650 - £750 PCM (£7,800- £9,000 P/A) and 2 bed flats achieve £900-£1,000 PCM (£10,800 - £12,000 P/A).
Alternatively, if the property was to be kept as a commercial, unit could achieve £20,000 P/A ***HIGH YIELD POTENTIAL***
Property is vacant as there must be renovations done to bring it back to standard.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 nestled on the north bank of the River Tay, approximately 60 miles north of Edinburgh and 13 miles east of Perth. The vibrant city boasts a resident population of around 150,000, offering a perfect blend of scenic beauty and urban convenience. The City Centre stands as the bustling heart of Dundee's retail district, filled with charming shops, cafes, and local businesses. A well-designed road and rail network provides easy access to and from the area, ensuring seamless connectivity for residents and visitors alike. Surrounding the city, you'll find a mix of residential and commercial properties, creating a vibrant community atmosphere.
Unit 4, 70-108, Seagate, Dundee, DD1 2ET
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dundee Station0.5 miles
- Invergowrie Station3.5 miles
- Broughty Ferry Station3.6 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
Disclaimer - Property reference 207191513. 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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