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63 Brown St, Dundee

under offer

Warehouse under offer in Dundee

£1,100,000 / 18,266 sq ft

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Highlights

Features

Full address
63 Brown St, Dundee DD1 5AQ – Dundee
Asking price
£1,100,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available, measuring 18,266 sq ft.

Sale unit Under offer

Unit
Sale unit
Size
18,266 sq ft
Price
£1,100,000
Price per sq ft
£60.22
  • We are instructed to seek offers over £1.1M exclusive of VAT.
  • A purchase at this level would represent a net initial yield of 9.35% assuming normal purchaser’s costs and LBTT of 5.75%.
  • A purchase at this level would represent a capital rate of £59.24 per sqft.
  • The property comprises a former jute mill that was acquired by SDA (Scottish Development Agency) and sub-divided to create a terrace of four flexible self-contained units benefiting from generous dedicated onsite parking.
  • The location and accommodation has proved attractive to a range of occupiers as evidenced by the current tenant line-up.
  • Units 1B, 2 and 3 benefit from both pedestrian and vehicular access.
  • The site accommodates 40 parking spaces plus circulation space and extends to a total area of c.0.78 acres (0.316 ha).
  • The site offers strategic medium to long-term development potential with the Blackness area earmarked as a future focus for regeneration in the local development plan.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 63 Brown St, Dundee

The property comprises a former jute mill that was acquired by SDA (Scottish Development Agency) and sub-divided to create a terrace of four flexible self-contained units benefiting from generous dedicated onsite parking.

Building subtype
Warehouse
Number of storeys
1
Total building area
20,093 sq ft
Rentable building area
18,266 sq ft
Construction material
Masonry
Year built
1903
Utilities
Lighting - Fluorescent, Water, Sewer, Heating - Gas
Parking
Surface, Surface tandem, Covered, Covered tandem, Industrial trailer, Reserved

Map & nearby

63 Brown St, Dundee

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This industrial unit for sale is located in Dundee.

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Meet the team

Ryden

  • A profile photo of Nick Armstrong Nick Armstrong
  • A profile photo of Ford Swanson Ford Swanson
  • A profile photo of David Fraser David Fraser

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Ryden. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ryden for full details and further information. 7957137