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28-30 Trades Lane, Dundee, DD1 3ET

Dundee - Central Waterfront

Development

0.19 Acres (0.08 Hectares)

For Sale

£775,000 for the Freehold

28-30 Trades Lane, Dundee, DD1 3ET

Dundee - Central Waterfront

Development

0.19 Acres (0.08 Hectares)

For Sale

£775,000 for the Freehold

Superb development opportunity with a consented mixed use scheme in central Dundee

Key Features

  • CENTRAL LOCATION OPPOSITE DUNDEE WATERFRONT
  • PLANNING GRANTED FOR 28 RESIDENTIAL UNITS AND 3 RETAIL UNITS (18/00988/FULL)
  • POTENTIAL GDV OF RESIDENTIAL UNITS c. £5.65.9m (SUBJECT TO SPEC AND MARKET CONDITIONS
  • SITE AREA APPROX. 0.08ha (0.19acres)
  • OFFERS OVER £775,000
Fergus McDonald
T: 01382 225517
M: 07900 474 406

Description

The site occupies an area approx. 0.08 hectares, and consists of a block built commercial warehouse and concreated external areas. The site is currently vacant. Access is via Trades Lane, with easy transport links from the site out of the city. The site was granted planning permission in June 2019, to demolish the existing warehouse and create a mixed used development comprising of 3 retail units on the ground floor and 28 flats on upper floors. Planning Ref: 18/00988/FULL

Location

The site is located on the corner of Trades Lane and South Marketgait. It is on the peripheral of the £1bn major regeneration project occurring as part of the Dundee Central Waterfront Masterplan. Opposite Dundee Waterfront, the site is central to the city's main work, shopping, and tourist amenities. Ideally positioned to take advantage of its proximity to the all the local bars, restaurants and shops that central Dundee has to offer. Within a 0.6km radius of the site are located - the City Centre, Dundee Train Station, Overgate Shopping Centre, Abertay University, Waterfront, and V&A Museum. Dundee University is approx.1.2km.

Terms

Offers over£775,000

Viewing

Westport Property will be pleased to arrange and accompany all viewing requests. Please contact the agent to arrange a suitable time.

VAT

All prices, premiums and rents are quoted exclusive of VAT which may be payable.

Fergus McDonald
T: 01382 225517
M: 07900 474 406