Derelict two-storey commercial lot — high potential, needs full renovation and planning.
Guide price £75,000 — offered at timed online auction
A large vacant commercial property with land in Tofthill, Dundee, offered at a low guide price of £75,000 and sold via timed online auction. The building spans two floors with high ceilings and open-plan industrial space, providing a flexible blank canvas for conversion or redevelopment. There are no existing planning consents; any change of use or refurbishment will require applications to the local authority.
The lot requires a full renovation throughout and is being sold as seen, presenting clear scope for builders, developers or investor buyers prepared to manage works and planning. Broadband speeds are reported as fast and mobile signal excellent, supporting conversion to serviced accommodation, small commercial units or mixed-use subject to approval.
Buyers should note material negatives: the property is in a very deprived area, tenure is unknown, and it will be offered without planning permission. The building appears derelict in parts and will need substantial capital expenditure to make habitable or operational. This is a high-upside, high-effort opportunity best suited to experienced developers or investors comfortable with auction purchases.
