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1-37 Camperdown St 1,432 - 4,000 SF Condo Units Offered at $295,782 - $638,621 Per Unit in Dundee DD1 3JA
Investment Highlights
- Excellent investment opportunity in popular mixed residential/commercial location
- Forming part of a ‘B’ listed former railway shed
- Contained within a terraced parade of similar units
Executive Summary
The subjects are located within the City Quay area of Dundee immediately to the south of the city centre, in an area which has undergone major redevelopment providing high quality office accommodation and residential dwellings. The City Quay location is a 5 minute walk from the Dundee Bus Station and less than 10 minutes walk from the railway station and V&A museum. The subjects comprise a modern ground floor office contained within a single storey terrace of similar units. The property has the benefit of an attractive glazed display frontage. The southern elevation overlooks the marina.
5 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.00% |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| Tenure | Freehold |
Description
The subjects comprise a mid-terraced office property occupied by Search Recruitment contained within a terraced parade of similar units. The main walls are of brick construction with pitched slate roof over, forming part of a ‘B’ listed former railway shed . Internally the accommodation comprises open plan office space with private partitioned offices, kitchen and toilet facilities. There is both front and rear access into the property.
Sale Notes
Search Consultancy are a recruitment agency incorporated in July 1987. They have occupied the premises since 2010 and extended the lease 1 st October 2020 until 15th September 2030 with tenant only break option on 15th September 2025. The annual rent is £18,000 which is subject to review 15th September 2025.
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.87% |
| Sale Type | Investment |
| Cap Rate | 8.87% |
| Tenure | Freehold |
Description
Internally the accommodation comprises open plan retail space and associated storage ,kitchen and toilet facilities. There is both front and rear access into the property.
Sale Notes
American Golf is Europe’s largest golf retailer and has 93 stores in the UK and the Republic of Ireland. The property has been let to American Golf (Trading) Ltd from 6 February 2017 and expires 5 February 2027. They did not exercise their break option in 2022. The annual rent is £44,000 per annum.
| Sale Type | Investment or Owner User | Sale Conditions | Lease Option |
| Tenure | Freehold |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
Description
Internally the accommodations provides flexible open plan space suitable for a variety of commercial uses.
On site car parking is available.
On site car parking is available.
Sale Notes
The property is available to lease on standard commercial terms at an asking rent in the region of £22,000 per annum. The lease will be on standard full repairing terms for a term to be negotiated. Alternatively offers in the region of £250,000 are invited for the clients heritable interest.
| Sale Type | Owner User | Sale Conditions | Lease Option |
| Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
Description
Internally the accommodations provides flexible open plan space with additional private offices and meeting rooms, suitable for a variety of commercial uses. In addition, there is a kitchen, toilet and shower block with mezzanine area above.
Sale Notes
The property is available to lease on standard commercial terms at an asking rent in the region of £25,000 per annum.. Alternatively offers are the heritable interest.
| Sale Type | Owner User | Sale Conditions | Lease Option |
| Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
Description
Internally the accommodations provides flexible open plan space with additional private offices and meeting rooms, suitable for a variety of commercial uses. In addition, there is a kitchen, toilet and shower block with mezzanine area above.
Sale Notes
The property is available to lease on standard commercial terms at an asking rent in the region of £32,500 per annum.. Alternatively offers are e invited for our client's heritable interest.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 9A | 1,432 SF | Office | $295,782 ($206.55/SF) | $23,662.59 |
| Unit 13 | 4,000 SF | Retail | $638,621 ($159.66/SF) | $56,645.70 |
| Unit 18 | 1,657 SF | Office | $336,116 ($202.85/SF) | - |
| Unit 22 | 2,433 SF | Office | $376,450 ($154.73/SF) | - |
| Unit 23 | 2,690 SF | Office | Upon Request | - |
Unit 9A
| Unit Size |
| 1,432 SF |
| Condo Use |
| Office |
| Price |
| $295,782 ($206.55/SF) |
| NOI |
| $23,662.59 |
Unit 13
| Unit Size |
| 4,000 SF |
| Condo Use |
| Retail |
| Price |
| $638,621 ($159.66/SF) |
| NOI |
| $56,645.70 |
Unit 18
| Unit Size |
| 1,657 SF |
| Condo Use |
| Office |
| Price |
| $336,116 ($202.85/SF) |
| NOI |
| - |
Unit 22
| Unit Size |
| 2,433 SF |
| Condo Use |
| Office |
| Price |
| $376,450 ($154.73/SF) |
| NOI |
| - |
Unit 23
| Unit Size |
| 2,690 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
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Street
Map
Unit 9A
| Unit Size | 1,432 SF |
| Condo Use | Office |
| Price | $295,782 ($206.55/SF) |
| NOI | $23,662.59 |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| Tenure | Freehold |
| Description | |
| The subjects comprise a mid-terraced office property occupied by Search Recruitment contained within a terraced parade of similar units. The main walls are of brick construction with pitched slate roof over, forming part of a ‘B’ listed former railway shed . Internally the accommodation comprises open plan office space with private partitioned offices, kitchen and toilet facilities. There is both front and rear access into the property.</li></ul> | |
| Sale Notes | |
| Search Consultancy are a recruitment agency incorporated in July 1987. They have occupied the premises since 2010 and extended the lease 1 st October 2020 until 15th September 2030 with tenant only break option on 15th September 2025. The annual rent is £18,000 which is subject to review 15th September 2025.</li></ul> |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 13
| Unit Size | 4,000 SF |
| Condo Use | Retail |
| Price | $638,621 ($159.66/SF) |
| NOI | $56,645.70 |
| Sale Type | Investment |
| Cap Rate | 8.87% |
| Tenure | Freehold |
| Description | |
| Internally the accommodation comprises open plan retail space and associated storage ,kitchen and toilet facilities. There is both front and rear access into the property.</li></ul> | |
| Sale Notes | |
| American Golf is Europe’s largest golf retailer and has 93 stores in the UK and the Republic of Ireland. The property has been let to American Golf (Trading) Ltd from 6 February 2017 and expires 5 February 2027. They did not exercise their break option in 2022. The annual rent is £44,000 per annum.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 18
| Unit Size | 1,657 SF |
| Condo Use | Office |
| Price | $336,116 ($202.85/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
| Description | |
| Internally the accommodations provides flexible open plan space suitable for a variety of commercial uses.<br> On site car parking is available.</li></ul> | |
| Sale Notes | |
| The property is available to lease on standard commercial terms at an asking rent in the region of £22,000 per annum. The lease will be on standard full repairing terms for a term to be negotiated. Alternatively offers in the region of £250,000 are invited for the clients heritable interest.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 22
| Unit Size | 2,433 SF |
| Condo Use | Office |
| Price | $376,450 ($154.73/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
| Description | |
| Internally the accommodations provides flexible open plan space with additional private offices and meeting rooms, suitable for a variety of commercial uses. In addition, there is a kitchen, toilet and shower block with mezzanine area above.</li></ul> | |
| Sale Notes | |
| The property is available to lease on standard commercial terms at an asking rent in the region of £25,000 per annum.. Alternatively offers are the heritable interest.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 23
| Unit Size | 2,690 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Lease Option |
| Description | |
| Internally the accommodations provides flexible open plan space with additional private offices and meeting rooms, suitable for a variety of commercial uses. In addition, there is a kitchen, toilet and shower block with mezzanine area above.</li></ul> | |
| Sale Notes | |
| The property is available to lease on standard commercial terms at an asking rent in the region of £32,500 per annum.. Alternatively offers are e invited for our client's heritable interest.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 74,923 SF | Typical Floor Size | 70,000 SF |
| Property Type | Retail | Year Built | 1967 |
| Building Class | B | Lot Size | 1.72 AC |
| Floors | 1 | Parking Ratio | 4.29/1,000 SF |
| Total Building Size | 74,923 SF |
| Property Type | Retail |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 70,000 SF |
| Year Built | 1967 |
| Lot Size | 1.72 AC |
| Parking Ratio | 4.29/1,000 SF |
Amenities
- 24 Hour Access
- Security System
- Signage
- Waterfront
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1-37 Camperdown St
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