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23-27 Constitution St 1,008 sq ft Retail Property Dundee DD3 6NL £60,000 (£59.52/sq ft)
INVESTMENT HIGHLIGHTS
- PRIME NEW ENTRY. We are excited to present this fantastic commercial opportunity, located within a prime location in Dundee.
- For rental purposes, the property could potentially achieve £695 - £750 per month (£8,340-£9,000 p/a). This would provide a fantastic yield if achieved for guide price - **HIGH YIELD POTENTIAL**.
- Property is situated in a prime location in Dundee, benefiting from large daily footfall and is located just a 7 minute drive or 20 minute walk from Dundee Train Station.
- Sure to appeal to shrewd commercial landlords and business owners looking for a spacious unit in an excellent location.
- Property benefits from a rateable value of £7,200 p/a, qualifying for 100% relief from small business rates. Property is approximately 94 sqm in size.
EXECUTIVE SUMMARY
• Sure to appeal to shrewd commercial landlords and business owners looking for a spacious unit in an excellent location.
• Property is situated in a prime location in Dundee, benefiting from large daily footfall and is located just a 7 minute drive or 20 minute walk from Dundee Train Station.
Property Comprises: Main retail area, office space, kitchen, WC, service areas. Property benefits from ample storage throughout.
Property would lend itself for a number of uses and is sure to appeal to a variety of buyers. Excellent renovation potential for conversion into barber shop, retail store, sunbed shop etc (subject to gaining necessary approvals)
Dundee is a compact, affordable Scottish city known for its strong universities, growing tech and life-sciences sector, and ongoing waterfront regeneration, which has transformed its image and economic prospects. People choose to live here for the relatively low house prices, short commuting times, good schools, and a high quality of life with easy access to countryside and coastline. Investors are attracted by solid rental demand driven by students, professionals, and NHS workers, improving infrastructure, and yields that often outperform larger cities, all underpinned by long-term regeneration projects and a diversifying local economy.
• Property is situated in a prime location in Dundee, benefiting from large daily footfall and is located just a 7 minute drive or 20 minute walk from Dundee Train Station.
Property Comprises: Main retail area, office space, kitchen, WC, service areas. Property benefits from ample storage throughout.
Property would lend itself for a number of uses and is sure to appeal to a variety of buyers. Excellent renovation potential for conversion into barber shop, retail store, sunbed shop etc (subject to gaining necessary approvals)
Dundee is a compact, affordable Scottish city known for its strong universities, growing tech and life-sciences sector, and ongoing waterfront regeneration, which has transformed its image and economic prospects. People choose to live here for the relatively low house prices, short commuting times, good schools, and a high quality of life with easy access to countryside and coastline. Investors are attracted by solid rental demand driven by students, professionals, and NHS workers, improving infrastructure, and yields that often outperform larger cities, all underpinned by long-term regeneration projects and a diversifying local economy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,008 sq ft
Costar Property Class
B
Year Built
1902
Price
£60,000
Price per sq ft
£59.52
Tenancy
Single
Number of Floors
4
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- -
- 920 sq ft
- -
- -
Dundee Academy of Beauty is the first approved private beauty treatments and beauty training centre in Scotland offering SVQ qualifications in manicure, pedicure, facials, waxing, make-up, eyelash tinting and perming, and eyebrow shaping. We are the sole distributor and training provider for Nouveau semi-permanent lashes and LVL lashes. We also offer a variety of tanning training.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
|
- | 920 sq ft | - | - |
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23-27 Constitution St
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