105-107 Arbroath Road, Dundee, DD4 6HS

Description

• We are happy to present a fantastic commercial opportunity on a busy street in Arbroath Road, Dundee, with full planning permission. Rare Opportunity  

• The property has full planning permission for a change of use from a shop (Class 1A) to a residential flat. Approval from Dundee Council to convert it into a spacious three-bedroom apartment, featuring three double bedrooms on the ground floor, along with a kitchen, bathroom, sauna, and gym located in the cellar. Planning reference is 24/00788/FULL.

• 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.

• The property is a shop with an area of 110m2, consisting of two joined premises and an equally sized storage cellar. It is located on a prominent main road, providing easy access and benefiting from passing trade.

We are happy to present a fantastic commercial opportunity on a busy street in Arbroath Road, Dundee, with full planning permission. Rare Opportunity  

The property has full planning permission for a change of use from a shop (Class 1A) to a residential flat. Approval from Dundee Council to convert it into a spacious three-bedroom apartment, featuring three double bedrooms on the ground floor, along with a kitchen, bathroom, sauna, and gym located in the cellar. Planning reference is 24/00788/FULL.

The property is a shop with an area of 110m2, consisting of two joined premises and an equally sized storage cellar. It is located on a prominent main road, providing easy access and benefiting from passing trade.

Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle once renovated.

Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!

Once developed, based on local sales evidence, you could expect it to have a gross development value of £260,000-£300,000. Subject to development and gaining he necessary information. 

Once developed, 3-bedroom apartments could achieve a rental income of £850-£950 PCM (£10,200 - £11,400 P/A) once developed and rented out! 

The property comprises:One floor with a massive open plan, storage space, as well as a bathroom. 

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.

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.