Summary - 46, MURRAYGATE DD1 2AZ
1 bed 1 bath Commercial Development
**Standout Features:**
- Prime city center location in Dundee
- Fully occupied mixed-use property
- Generates a passing rent of £26,000 per annum, reflecting a net initial yield of 12.74%
- Total size of approximately 1,948 square feet
- Ground floor restaurant with a vibrant Afro-Caribbean theme
- Two upper floors housing a modern beauty salon with established clientele
- Rich historical architecture featuring intricate masonry and a striking façade
**Potential Downsides:**
- Property situated in a very deprived area, which may impact foot traffic and clientele demographics.
Discover an exceptional investment opportunity at 46 Murraygate, Dundee, a large mixed-use commercial property strategically located on the city's bustling pedestrian retail high street. This fully occupied building boasts consistent rental income of £26,000 per annum, showcasing a solid yield of 12.74%. The ground floor hosts the Horeb Food Company, a modern restaurant with seating for 26, promoting a lively dining atmosphere. The upper floors are home to successful beauty practices, ensuring a steady stream of visitors.
With its distinctive Victorian-style architecture, complete with ornate detailing, this property not only delivers immediate income but also offers renovation potential to enhance value further. Positioned among prominent retailers and easily accessible public transport, it presents an ideal opportunity for investors looking to capitalize on Dundee's ongoing urban revitalization. Whether you're a first-time buyer or a seasoned investor, the unique character and strategic location of this property make it a standout choice for those seeking to thrive in a vibrant city setting. Don’t miss out on this rare chance to secure a piece of Dundee’s commercial landscape!
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