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80-88 Commercial St 4,191 SF Retail Condo Unit Offered at $418,480 CAD in Dundee DD1 2AP
INVESTMENT HIGHLIGHTS
- Prominent location
- Car parking nearby
- Good mix of national and local occupiers
- Adjacent to McManus Art Gallery and museum
EXECUTIVE SUMMARY
The subjects form part of a mixed-use mid-terrace building of sandstone construction which is category ‘A’ Listed. The subjects are located on the west side of Commercial Street close to its junctions with Albert Square and Murraygate. Dundee is located on the east coast of Scotland approximately midway between Aberdeen (circa 105 kilometres (65 miles) to the north) and Edinburgh (circa 96 kilometres (60 miles) to the south) overlooking the Tay Estuary and has a resident population of circa 150,000 persons and a catchment of some 500,000 persons (source: Dundee City Council). Dundee is Scotland’s fourth largest city and is the regional centre for employment, services and retailing within Tayside. The ongoing regeneration as part of the waterfront development has been well documented and the opening of the V&A museum has helped establish Dundee as a major regional centre. Local major employers include DC Thomson, BT, Dundee City Council, Dundee University and Abertay University. All of which are located a short distance from the subjects.
PROPERTY FACTS
| Total Building Size | 11,282 SF | Floors | 6 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,820 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1878 |
| Building Class | B |
| Total Building Size | 11,282 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 2,820 SF |
| Year Built | 1878 |
AMENITIES
- Security System
- Storage Space
1 UNIT AVAILABLE
Unit 84-88
| Unit Size | 4,191 SF | Condo Use | Retail |
| Price | $418,480 CAD | Sale Type | Investment |
| Price Per SF | $99.85 CAD | Tenure | Freehold |
| Unit Size | 4,191 SF |
| Price | $418,480 CAD |
| Price Per SF | $99.85 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
No. 84 provides two separate cutting areas and a waiting/reception area with associated kitchen and toilet facilities.
No. 86 provides a ground floor retail unit with open plan sales area, two WC’’s one of which has disabled access, and large basement storage.
No. 88 provides a ground floor retail unit with open plan sales area with office space and WC to the rear.
All three units benefit from attractive frontages to Commercial Street featuring Victorian pillars and detailed large single glazed windows.
SALE NOTES
Commercial Investment For Sale. Offers in excess of £225,000 for their heritable interest subject to the existing lease agreements.
NEARBY MAJOR RETAILERS
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80-88 Commercial St
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