Property for sale in Commercial Street, Dundee, Angus DD1

Commercial Retail Unit
Going under the hammer is this vacant commercial retail unit, enjoying prime location in Dundee city centre. The business has been trading in its current location as a health store for more than 20 years, and has been in the family for 50 years, but the current owner has now decided to retire and the business ceased trading at the end of 2023. All on the ground level, and accessed directly from Commercial Street, the floor area extends to approximately 123 sq.m (1,323 sq. Ft), with the current format comprising front sales area, rear storage/office, tea prep area and WC. Whilst the unit has been trading as retail, a number of alternative uses including convenience store, coffee shop, etc could be considered subject, of course, to the required permissions/consents. The published Rateable Value of £13,700 means that some degree of rates relief may be available under the Small Business Bonus Scheme. This property would make an ideal addition to a commercial portfolio, but is also an exciting opportunity for a new business operator. Early viewing is essential.

The Commercial Street and Murraygate area is undergoing a period of regeneration and is ideally located to take advantage of the footfall driven by proximity to McManus Gallery, High School of Dundee and other national/local occupiers. The city of Dundee is the fourth largest city in Scotland and is a thriving metropolis sitting on the north bank of the River Tay. Diversity is the norm in Dundee, with an eclectic mix of culture, education, history, shopping and night life. The city is growing and developing, with the waterfront undergoing massive development. Amenities are plentiful, including excellent road and rail links, primary, secondary and higher education facilities, both high street and city centre shopping as well as many eateries, theatres, social clubs and cultural events.

Purchasers notes

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