65-69 Murraygate 65-69 Murraygate, Dundee, DD1 2EA

Key Features

• INVESTMENT SUMMARY:

• Strategically located in Dundee, the principal retail destination for a regional catchment population of over 640,000 people.

• Comprises two well-configured retail units positioned on Dundee’s prime pedestrianised high street pitch.

• Fully let to Bank of Scotland and Shahzed Ahmed (t/a The Phone Shop).

• Bank of Scotland have recently re-geared, extending their lease for a further 3 years, highlighting their commitment to this location.

• Generating a total passing rent of £102,000 per annum.

• Weighted average unexpired lease term (WAULT) to expiry in excess of 5.38 years.

• PROPOSAL: Offers of £965,000 (NINE HUNDRED AND SIXTY-FIVE THOUSAND POUNDS) are invited, reflecting an attractive net initial yield of 10%, assuming standard purchaser’s costs.