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111-113 Albert St 1,042 sq ft Retail Property Dundee DD4 6PR £90,000 (£86.37/sq ft) 10.91% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Let to Bestway National Chemists Limited
  • Four storey tenemen building
  • Established pharmacy premises within commercial location

EXECUTIVE SUMMARY

Client is inviting offers in the region of £90,000 for their heritable interest. A purchase at this level would represent a net initial yield of 10.91%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,042 sq ft
Costar Property Class
B
Year Built
1990
Price
£90,000
Price per sq ft
£86.37
Yield
10.91%
NOI
£9,819
Tenancy
Single
Number of Floors
5
Plot ratio
1.82
Total Plot Size
0.01 ac
Frontage
32 ft on Albert Street

AMENITIES

  • Security System
  • Roller Shutters

NEARBY MAJOR RETAILERS

Lidl
DW Fitness Club
JD Gyms
Caffè Nero
Bakers + Baristas
Farmfoods
Iceland
Co-op
SPAR
Nisa
  • Listing ID: 35020686

  • Date on Market: 05/03/2025

  • Last Updated:

  • Address: 111-113 Albert St, Dundee DD4 6PR

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