No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 10 August 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: % of Sale Price (Min £3250 +vat)
Outstanding opportunity to acquire a Retail Warehouse (circa7,300 sq ft) in the High St, Lochee, Dundee. Highly desirable *Central Location*Re-Development Potential*MULTIPLE ALTERNATIVE USES *This fantastic property situated within a traditional red brick and wood fronted 3 storey retail warehouse building, offers exceptional possible potential re-development prospects*subject to obtaining all necessary planning and building permissions* The property would be ideal for conversion into Serviced offices / restaurant / Children’s play centre / Large Retail Premises / Nightclub – Entertainment Venue (STP)---requires substantial upgrading works---Potentially Lucrative Investment Income* with an estimated rental potential of up to £500 per week (£26,000 per annum) once a Re-development has been completed. EXCELLENT SIZE square footage circa 7,300sq ft, over 3 floor levels. Popular Lochee location . Occupiers nearby TSB, Superdrug, Boots The Chemist, British Heart Foundation, Semi-Chem, Poundstretcher. This property would be an ideal investment opportunity for professional property investors looking to expand their commercial portfolios in a district that is undergoing substantial Investment* *Great Opportunity to develop a large property into a successful income producing investment*MUST BE SOLD*
Auction Details
10 August 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: % of Sale Price (Min £3250 +vat)
Outstanding opportunity to acquire a Retail Warehouse (circa7,300 sq ft) in the High St, Lochee, Dundee. Highly desirable *Central Location*Re-Development Potential*MULTIPLE ALTERNATIVE USES *This fantastic property situated within a traditional red brick and wood fronted 3 storey retail warehouse building, offers exceptional possible potential re-development prospects*subject to obtaining all necessary planning and building permissions* The property would be ideal for conversion into Serviced offices / restaurant / Children’s play centre / Large Retail Premises / Nightclub – Entertainment Venue (STP)---requires substantial upgrading works---Potentially Lucrative Investment Income* with an estimated rental potential of up to £500 per week (£26,000 per annum) once a Re-development has been completed. EXCELLENT SIZE square footage circa 7,300sq ft, over 3 floor levels. Popular Lochee location . Occupiers nearby TSB, Superdrug, Boots The Chemist, British Heart Foundation, Semi-Chem, Poundstretcher. This property would be an ideal investment opportunity for professional property investors looking to expand their commercial portfolios in a district that is undergoing substantial Investment* *Great Opportunity to develop a large property into a successful income producing investment*MUST BE SOLD*
Auction Details
10 August 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.