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12 Tofthill, Dundee, DD2 3DB

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£75,000

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Commercial

Residential

Vacant

12 Tofthill, Dundee, DD2 3DB

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Incredible Investment Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial premises with land located within a prime location in Dundee.

  • **Cottage 1, 153, High Street, Lochee, Dundee DD2 3DB sold for £137,500. 7, Tofthill, Dundee DD2 3DH sold for £135,000.**

  • Subject to gaining necessary planning consents, this property offers an expansive commercial unit with the potential for transformation into a sought-after serviced accommodation, making it an investment opportunity not to be missed.

  • The property is in need of a full renovation, which presents a rare opportunity for builders, investors or developers to restore this beautiful building in a much-desired area, thereby unlocking its full potential.

  • All planning enquiries must be directed to the relevant local authority, as this lot is offered without any existing planning consents, allowing for creative possibilities to shape its future use and value.

PRIME NEW LISTING. We are excited to present this vacant commercial premises with land located within a prime location in Dundee.

The property comprises a large commercial premises that extends over two floors, complete with accompanying land space, offering ample opportunity for development and customization.

Subject to gaining necessary planning consents, this property offers an expansive commercial unit with the potential for transformation into a sought-after serviced accommodation, making it an investment opportunity not to be missed.

The property is in need of a full renovation, which presents a rare opportunity for builders, investors or developers to restore this beautiful building in a much-desired area, thereby unlocking its full potential.

All planning enquiries must be directed to the relevant local authority, as this lot is offered without any existing planning consents, allowing for creative possibilities to shape its future use and value.

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.

Excellent sales evidence in the area:

**Cottage 1, 153, High Street, Lochee, Dundee DD2 3DB sold for £137,500 in (year unknown). 7, Tofthill, Dundee DD2 3DH sold for £135,000 in (year unknown).**

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, known as the "City of Discovery," is a vibrant and modern city situated on the east coast of Scotland. It boasts a rich history, a thriving cultural scene, and is home to the V&A Dundee museum. With its universities and diverse amenities, Dundee presents a dynamic opportunity for 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)

£13,500

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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.