Retail premises for sale

Reform Street, Monifieth, Dundee DD5

• Prime new listing. We are excited to present this Tenanted Commercial unit located within a prime location in Monifieth.
• Currently producing £2,083.33 per month, which is £25,000 per annum; rateable value £23,800, subject to eligibility.
• The lease expires on 14/07/2032, with a tenant break option on 15/07/2027 and a rent review due on 15/07/2027.
• A genuine turnkey investment with long-term tenants already in place, offering an attractive hands-off addition to a portfolio.
• Positioned in a strong trading area with high footfall, helping to underpin ongoing occupier demand and rental stability.

Prime new listing. We are excited to present this Tenanted Commercial unit located within prime location in Monifieth.

The property comprises a commercial retail store, well suited to a variety of occupiers and positioned to benefit from the established trading environment of the shopping centre.

The asset is currently producing £2,083.33 per month, which is £25,000 per annum, making this a straightforward, income-producing investment for the shrewd buyer seeking immediate returns from day one. For additional context, the stated market rent is £2,083.00 per month, which is £24,996 per annum, providing a useful benchmark for future letting potential subject to tenancy and due diligence.

The property is held on a freehold basis, giving the buyer outright ownership and long-term control of this commercial investment.

The lease expires on 14/07/2032, with a break option on 15/07/2027, and the rent is set at £25,000 per annum (paid at £6,250 quarterly) with a rent review scheduled for 15/07/2027.

This is a turnkey investment with long-term tenants, offering a strong blend of security and simplicity for investors.

It is situated in a great area with high footfall, supporting sustained trading conditions and making the unit an appealing proposition for continued occupation.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The property has a rateable value of £23,800, subject to eligibility.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our "Offer now" button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Monifieth is an established Angus town within easy reach of Dundee, offering an attractive commercial setting supported by a settled local catchment and consistent day-to-day footfall. The property benefits from its position within a recognised retail environment, encouraging passing trade and repeat custom from nearby residents and surrounding businesses. Road connections provide convenient access to the wider region, while Monifieth railway station enhances accessibility for staff and customers travelling from neighbouring areas. The town's mix of convenience retail, services and local operators underpins occupier demand, making it a practical and resilient location for tenants and investors alike.