Property for saleBlinshall Street, Dundee DD1
Local area information
- High School of Dundee 0.4 miles
- Rosebank Primary School 0.4 miles
- Dundee 0.6 miles
- Invergowrie 2.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Dundee to find out more about the area.
Features and description
- High Yielding Industrial Investment
- Multi-Let to Eight Tenants
- Producing £27,474 per annum
- One Unit Vacant
- Asset Management Potential Via Lease Renewals and Letting of Vacant Unit
- 11,227 sq ft (1,042.99 sq m)
- Established City Centre Location
- Guide Price Reflects 14.1% Gross Yield
- No VAT
Auction Sale - 21/11/2023
Of Interest to Investors and Developers
Large High Yielding Warehouse/Workshop Investment
Multi-Let - Producing £27,474 per annum
The property comprises a high yielding, multi-let, industrial/workshop investment.
Situated in the heart of Dundee, the property offers 11,227 sq ft (1,042.99 sq m) of accommodation across ground and first floors.
Internally, the property comprises a mix of warehouse/workshop space, with offices and storage.
The property is let to eight tenants on separate leases, producing a total aggregate rent of £27,474 per annum. There is a single unit vacant offering immediate reversion potential.
Furthermore, a number of tenants are "holding over" but have been in occupation in excess of 10 years. There is therefore potential for asset management and further rental reversion via lease renewals.
- Dundee Station - 0.8 miles
- High Street - 0.6 miles
- A90 - 1.8 miles
The property is let to eight tenants on separate leases, producing a total aggregate rent of £27,474 per annum. There is a single unit vacant.
Please see the tenancy schedule and legal pack for further information.
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