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86-90 Dura St
1,105 SF Retail Condo Unit Offered at $76,682 in Dundee DD4 6TE
Investment Highlights
- The subjects are located on the north side of Dura Street
- Morgan secondary school is in close proximity to the north
- The property sits on the main East Coast Railway Line which runs services into London (Kings Cross)
- Situated near the junction with Albert Street on a busy thoroughfare
- The City has its own airport with daily flights to London (Stansted)
Executive Summary
The subjects comprise a retail unit over ground floor contained within a two storey stone built property which extends into a neighbouring four storey stone-built tenement building. Entry is via a recessed single pedestrian door forming part of a traditional frontage onto Dura Street. The window frontages are protected via steel roller shutters. Internally the subjects currently operate as a local supermarket with typical racked shelving and a large glass display counter. To the rear there is a staff toilet. The subjects extend into a neighbouring property to the east to provide further retail space along with cold storage.
Property Facts
| Price | $76,682 | Sale Type | Investment or Owner User |
| Unit Size | 1,105 SF | Building Class | B |
| No. Units | 1 | Floors | 2 |
| Total Building Size | 1,105 SF | Typical Floor Size | 553 SF |
| Property Type | Retail (Condo) | Year Built | 1960 |
| Property Subtype | Storefront Retail/Residential |
| Price | $76,682 |
| Unit Size | 1,105 SF |
| No. Units | 1 |
| Total Building Size | 1,105 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 553 SF |
| Year Built | 1960 |
1 Unit Available
Unit 86-90
| Unit Size | 1,105 SF | Sale Type | Investment or Owner User |
| Price | $76,682 | Tenure | Freehold |
| Price Per SF | $69.40 | Cap Rate | 10.00% |
| Condo Use | Retail | NOI | $7,668.22 |
| Unit Size | 1,105 SF |
| Price | $76,682 |
| Price Per SF | $69.40 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Cap Rate | 10.00% |
| NOI | $7,668.22 |
Description
The subjects comprise a retail unit over ground floor
contained within a two storey stone built property which
extends into a neighbouring four storey stone-built tenement building.
Internally the subjects currently operate as a local
supermarket with typical racked shelving and a large
glass display counter. To the rear there is a staff toilet.
Sale Notes
Our client is seeking offers over £60,000 for their
heritable interest.
The subjects are currently let at a passing rent of £6,000 per annum continuing via tacit relocation. Further details upon request.
86-90 Dura Street img 1
86-90 Dura Street img 2
Amenities
- Security System
Nearby Major Retailers
Learn More About Investing in Retail Properties
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86-90 Dura St
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