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Investment Highlights
- Open Plan Accommodation.
- Suitable for a variety of uses.
Executive Summary
The property comprises a mid terrace building arranged over four floors with retail space on the ground floor and basement. The building is of masonry construction and was completed in 1882. The property is located within the pedestrianised area of Reform Street in Dundee. The property is positioned a short distance from the main entrance to the Overgate Shopping Centre, which is Dundee’s principal shopping centre. There is easy access to the A92 and Dundee Railway Station is a short distance away.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
The subjects comprise a retail unit arranged over the ground floor and basement of a three-storey plus attic and basement tenement building of stone construction. The property would be suitable for a variety of uses subject to the appropriate consent. Internally the premises are currently arranged as a café and comprises a front customer seating area, service counter, kitchen facilities located to the rear and an accessible W.C. The basement provides further storage, and an additional W.C.
Sale Notes
To Let / For Sale. Cafe / Retail premises. Prominent location in Dundee City Centre. Suitable for a variety of uses. NIA: 85.9 SQ M (925 SQ FT). Rental Offers Over £20,000 per annum. Offers Over £200,000. No VAT payable.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 35 | 925 SF | Retail | $371,406 CAD ($401.52 CAD/SF) | - |
Unit 35
| Unit Size |
| 925 SF |
| Condo Use |
| Retail |
| Price |
| $371,406 CAD ($401.52 CAD/SF) |
| NOI |
| - |
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Unit 35
| Unit Size | 925 SF |
| Condo Use | Retail |
| Price | $371,406 CAD ($401.52 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| The subjects comprise a retail unit arranged over the ground floor and basement of a three-storey plus attic and basement tenement building of stone construction. The property would be suitable for a variety of uses subject to the appropriate consent. Internally the premises are currently arranged as a café and comprises a front customer seating area, service counter, kitchen facilities located to the rear and an accessible W.C. The basement provides further storage, and an additional W.C.</li></ul> | |
| Sale Notes | |
| To Let / For Sale. Cafe / Retail premises. Prominent location in Dundee City Centre. Suitable for a variety of uses. NIA: 85.9 SQ M (925 SQ FT). Rental Offers Over £20,000 per annum. Offers Over £200,000. No VAT payable.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,304 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,491 SF |
| Property Subtype | Storefront | Year Built | 1882 |
| Building Class | C | Lot Size | 0.04 AC |
| Total Building Size | 2,304 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 1,491 SF |
| Year Built | 1882 |
| Lot Size | 0.04 AC |
Amenities
- 24 Hour Access
- Security System
- Storage Space
1 1
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Boba Time |
984 SF
|
January 2034
|
| Little Things Cafe Ltd |
924 SF
|
May 2029
|
| Vapour Right |
622 SF
|
May 2015
|
Nearby Major Retailers
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33-35 Reform St
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