For Sale By Auction | 14:00, 30 January 2020

66, Lorne Street, Dundee, DD2 3HD

*Guide | £175,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 30/01/2020

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Commercial property

Seldom available commercial opportunity in Dundee suited to a variety of uses. Currently split into three different sections, the first floor is operated as a takeaway with additional space for pool tables and, on a lower floor, snooker tables. There is currently a hot food license with the property having previously been permitted to sell alcohol. All cooking and leisure equipment is included in the purchase with the premises sold as seen internally. The second unit, with separate access, was most recently fitted as a dance studio and also benefits a bar, stage, toilets and offices. The third unit is only used for storage but may be suitable for other business use. There are small gardens at two sides of the premises which was most recently used to hold stock for a local car dealer, the vehicles will be moved prior to sale unless the new purchaser wished to reach an agreement to lease the space.

Tenure

Freehold

Suitable for a variety of uses

Former alcohol licence

Current hot food license

All equipment sold with purchase

Rateable value £9,900 pa

Close to amenties

Area

Dundee is the fourth largest city in Scotland and is situated on the north shore of the River Tay. The city is at present undergoing dramatic redevelopment at the waterfront which will include in the future the Victoria and Albert Museum. Dundee is very diverse with a mixture of culture, history and education. There are excellent amenities which include road rail and air links, primary, secondary and higher education, high street, city centre and retail park shopping as well as many restaurants, theatres, clubs and cultural events.?

Local Authority

Dundee City Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.