Unit 5 Monifieth Shopping Centre, Monifieth, DD5 4BA
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Unit 5 Monifieth Shopping Centre, Monifieth, DD5 4BA
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How to buy at auction
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Deadline for offers
Description
- PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within a prime location in Monifieth.
- Producing £1,089.39 pcm (£13,072.68 pa). RV £10,200; may qualify for 100% rates relief via SBBS, subject to eligibility.
- Lease runs to 28/02/2036 with no break, and rent reviews on 28/02/2026 and 28/02/2031 for reversionary potential.
- A turnkey, income-producing investment with long-term tenants in place, ideal for a hands-off buyer seeking dependable cashflow.
- Set within a busy area with strong footfall and passing trade, supporting enduring occupier demand.
PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within prime location in Monifieth.
The property comprises a well-positioned hot food takeaway unit, offering a straightforward commercial investment within an established retail parade setting.
The property is currently producing £1,089.39 per month, which is £13,072.68 per annum, providing an immediate income stream for a shrewd investor seeking a turnkey, income-producing asset. With a lease in place and scheduled rent reviews, the investment offers both day-one returns and the potential for future uplift in line with the lease provisions, subject to all relevant due diligence.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control of this commercial investment.
The lease expires on 28/02/2036 with no break, with the rent set at £1,089.39 per month and rent reviews due on 28/02/2026 and 28/02/2031, providing clear structure and security of income.
This is a turnkey investment with long-term tenants in a great area, making it an attractive proposition for investors looking for a low-friction acquisition.
The unit sits in a busy area with high footfall, which is particularly favourable for food-led operators and helps underpin continued tenant demand.
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.
The Rateable Value is £10,200, and the property may qualify for 100% business rates relief under the Small Business Bonus Scheme, subject to eligibility.
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.
Monifieth is a well-established coastal town with a strong local retail and services community, making it a compelling location for commercial occupiers seeking reliable day-to-day trade. The town benefits from consistent footfall driven by local residents, nearby amenities and a steady level of passing trade through its central shopping areas. Excellent connectivity supports occupier demand, with Monifieth railway station providing direct links to surrounding towns and Dundee, while road access is convenient via the A92 corridor for customers, staff and suppliers. This combination of accessibility and an active local catchment helps sustain tenant interest in well-positioned commercial units.
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Terms of Sale
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