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6A Panmure St 1,268 SF Retail Condo Unit Offered at $93,602 in Dundee DD1 2BW
Investment Highlights
- Prime city-centre location in Dundee
- Retail unit with basement
- Lease expiry October 2028 (breaks in 2026 & 2027)
- High levels of passing trade
- Recently refitted by tenant
- 100% rates relief (subject to qualification)
Executive Summary
A prime city-centre retail investment located on Panmure Street, Dundee, comprising a Grade B listed ground-floor unit with a sizeable basement. Currently let as a barber shop at £10,000 per annum, the property offers a strong 14% initial yield and benefits from 100% rates relief (subject to qualification). Recently refitted by the tenant, the unit sits within a high-footfall area close to Murraygate and Meadowside, making it an attractive, low-cost entry investment opportunity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 14.29% |
| Sale Type | Investment |
| Cap Rate | 14.29% |
| Tenure | Freehold |
Description
Unit 6A comprise of 1268 SF available to sale.
Sale Notes
The property is offered for sale at offers over £70,000 for the landlords’ heritable interest, providing an attractive 14% initial yield based on a passing rent of £10,000 per annum. The unit is leased until October 2028 with tenant break options in 2026 and 2027, offering secure income in a high-footfall location. A closing date may be set at the vendor’s discretion, and all interested parties are encouraged to register their interest. The seller retains the right to accept or reject any offer and may proceed without a formal closing date.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6A | 1,268 SF | Retail | $93,602 ($73.82/SF) | $13,375.68 |
Unit 6A
| Unit Size |
| 1,268 SF |
| Condo Use |
| Retail |
| Price |
| $93,602 ($73.82/SF) |
| NOI |
| $13,375.68 |
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Unit 6A
| Unit Size | 1,268 SF |
| Condo Use | Retail |
| Price | $93,602 ($73.82/SF) |
| NOI | $13,375.68 |
| Sale Type | Investment |
| Cap Rate | 14.29% |
| Tenure | Freehold |
| Description | |
| Unit 6A comprise of 1268 SF available to sale.</li></ul> | |
| Sale Notes | |
| The property is offered for sale at offers over £70,000 for the landlords’ heritable interest, providing an attractive 14% initial yield based on a passing rent of £10,000 per annum. The unit is leased until October 2028 with tenant break options in 2026 and 2027, offering secure income in a high-footfall location. A closing date may be set at the vendor’s discretion, and all interested parties are encouraged to register their interest. The seller retains the right to accept or reject any offer and may proceed without a formal closing date.</li></ul> |
Property Facts Sale Pending
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,043 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,021 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1919 |
| Building Class | B |
| Total Building Size | 2,043 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 1,021 SF |
| Year Built | 1919 |
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6A Panmure St
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