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116-118 Logie Street, Dundee, DD2 2PY

£40,000

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Commercial

116-118 Logie Street, Dundee, DD2 2PY

Attractive Commercial Opportunity

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Deadline for offers

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Description

  • PRIME NEW LISTING. We are excited to present this large tenanted commercial unit located within a prime location in Dundee.

  • Currently generating a rental income of £345 per month, this property offers fantastic potential to increase rents to between £400-£500 per month, aligning with the current market in the area.

  • Perfect for investors seeking a turnkey investment opportunity in a popular area, this property provides immediate income from day one with minimal hassle, making it an attractive prospect. The property is currently run as a photography studio and could be used as any shop or cafe (subject to planning permission)

  • With a rateable value of £4266, the property benefits significantly from the Small Business Bonus Scheme (SBBS), making it an economically appealing choice for potential buyers seeking a savvy investment.

PRIME NEW LISTING. We are excited to present this large tenanted commercial unit located within a prime location in Dundee.

The property comprises a large commercial space measuring 50.19 square metres (540.24066 sqft), ideal for a variety of commercial uses and opportunities.

Currently generating a rental income of £345 per month, this property offers fantastic potential to increase rents to between £400-£500 per month, aligning with the current market in the area.

Perfect for investors seeking a turnkey investment opportunity in a popular area, this property provides immediate income from day one with minimal hassle, making it an attractive prospect.

With a rateable value of £4266, the property benefits significantly from the Small Business Bonus Scheme (SBBS), making it an economically appealing choice for potential buyers seeking a savvy investment.

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.

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 known for its rich history, dynamic cultural scene, and thriving industries. Positioned on the north bank of the Firth of Tay, Dundee offers excellent transport links and a bustling community atmosphere, making it an ideal place for both business and leisure.

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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)

£11,000

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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.