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Tenanted Commercial LOT 40
Address
See address
Auction date
11 Sep 2025
Guide price
£155,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This property is a tenanted retail unit spanning three floors in a prominent town centre location, available as an immediate income-producing investment. It is held on a Full Repairing & Insuring (FRI) lease. The property generates an annual income of £20,000, with a scheduled rent increase to £22,000 in June 2026. The tenant is Mobiles Factory Limited, with a lease expiry on 26th June 2029.
- Ground Floor:130.9sqm (1,409sq ft)
- Basement:87.14sqm (938sq ft)
- First Floor:51.82sqm (558sq ft)
- Second Floor:19.38sqm (209sq ft)
- Total Area:289.24sqm (3,114sq ft)
Renovations include new flooring, painted walls, and updated facilities. The property is located near well-known businesses and is adjacent to the Overgate Shopping Centre in Dundee, Scotland's fourth-largest city.
Last update: 07 Sep 2025
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Guide Price
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This property is a tenanted retail unit spanning three floors in a prominent town centre location, available as an immediate income-producing investment. It is held on a Full Repairing & Insuring (FRI) lease. The property generates an annual income of £20,000, with a scheduled rent increase to £22,000 in June 2026. The tenant is Mobiles Factory Limited, with a lease expiry on 26th June 2029.
Auction Date
11 Sep 2025
Guide Price
£155,000