Blinshall House, 34-42 Blinshall Street, Dundee Scotland, DD1 5DF
Savills plcSavills Auctions is a premier UK property auction house offering residential, commercial, and investment opportunities. With a strong reputation, expert guidance, and regular auctions, they provide a fast and efficient way to buy and sell property.
Read more Read moreThe property comprises a high yielding, multi-let, industrial/workshop investment. Situated in the heart of Dundee, the property offers 11,227 sq ft (1,042.99 sq m) of accommodation across ground and first floors. Internally, the property comprises a mix of warehouse/workshop space, with offices and storage. The property is let to eight tenants on separate leases, producing a total aggregate rent of £26,979 per annum. There are two vacant units offering immediate reversion potential. Furthermore, a number of tenants are "holding over" but have been in occupation in excess of 10 years. There is therefore potential for asset management and further rental reversion via lease renewals.
