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168 Arbroath Rd 2,240 sq ft Retail Property Dundee DD4 7PY £285,000 (£127.23/sq ft) 8.19% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Prominent location
  • Open plan
  • Recently refurbished

EXECUTIVE SUMMARY

Prime investment opportunity let to Salon Fierce Ltd for a period of 10 years from 21st December 2021 to 20th December 2031. There are tenant only break options on 21st May 2023 and 21st December 2026 (6 months notice).

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
2,240 sq ft
Costar Property Class
B
Year Built
1958
Price
£285,000
Price per sq ft
£127.23
Yield
8.19%
NOI
£23,342
Tenancy
Single
Number of Floors
1
Plot ratio
0.73
Total Plot Size
0.07 ac
Parking
10 Spaces (4.46 Spaces per 1,000 sq ft Leased)
Frontage
35 ft on Arbroath Road

AMENITIES

  • Security System

NEARBY MAJOR RETAILERS

SPAR
Tim Hortons
Lidl
ASDA
Iceland
Morrisons
Starbucks
  • Listing ID: 25328445

  • Date on Market: 25/03/2022

  • Last Updated:

  • Address: 168 Arbroath Rd, Dundee DD4 7PY

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