33-35 Reform St - Storefront CONDO FOR SALE


Dundee, ANS DD1 1SH
$167,500 USD
33-35 Reform St, Dundee, ANS for Sale
$167,500 USD
Storefront CONDO - FOR SALE
1/2
924 SF | 11.72% Cap Rate

33-35 Reform St
Dundee, ANS DD1 1SH


HIGHLIGHTS

  • Nearby occupiers include McDonalds, Boots, Taco Bell, CUPP British Red Cross, Oxfam, Santander and Chisholm Hunter
  • Reform Street benefits from good footfall and its close proximity to the Overgate Shopping Centre
  • The city benefits from two universities and a large student population

OVERVIEW

The property is let to Little Things Café Limited on a FRI lease subject to a photographic schedule of condition expiring 17th April 2029. There is an outstanding rent review date 17 April 2024 and no further breaks until lease expiry. The passing rent is £20,000 per annum exclusive reflecting a Zone A rate of £39.92 per sq ft. Instructed to seek offers in excess of £167,500 (ONE HUNDRED AND SIXTY SEVEN THOUSAND FIVE HUNDRED POUNDS) for our client's heritable interest subject to and with the benefit of the existing lease.

FOR SALE DETAILS

PRICE

$167,500 USD

CAP RATE

11.72%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

2,304 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,700 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James GodfreyCulverwellMore Info

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