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107 High Street, Lochee, Dundee, DD2 3BX

Guide Price

£179,000

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Guide Price

£179,000

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Commercial

investment

Occupied

107 High Street, Lochee, Dundee, DD2 3BX

High yielding tenanted commercial investment

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Deadline for offers

2 days left

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.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£24,344

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Video Description Play Video: 107 High Street, Lochee, Dundee, DD2 3BX

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.