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Mid Wynd

34,240 SF 100% Leased Retail Building Dundee DD1 4JG £3,055,000 (£89/SF) 7.50% Net Initial Yield

Investment Highlights

  • Rare opportunity to acquire a modern, wellconnected, reversionary multi-let trade park in an urban location.
  • The trade park extends to 34,240 sq ft GIA across 9 units.
  • 100% prime trade counter location in Dundee City Centre adjacent Dundee University campus

Executive Summary

D10 Trade Park comprises a modern 9 unit high quality trade counter estate extending to 34,240 sq. ft. GIA with units ranging from 2,818 sq ft to 5,615 sq ft. West Ranga Property Group undertook a substantial refurbishment programme of the estate in 2019 which has been carried out to an exceptional standard. The units are of steel portal frame construction beneath a profiled metal clad insulated roof with part brick and part profile metal clad elevations. Units A-G have a combination of dedicated along with customer central car parking around a courtyard whilst Units J & K are accessed from the southernmost part of the development and benefit from a private forecourt with parking.

Attachments

1718723150828

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
34,240 SF
Building Class
C
Year Built/Renovated
1984/2019
Price
£3,055,000
Price Per SF
£89
Net Initial Yield
7.50%
NOI
£229,125
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.79
Lot Size
0.99 AC
Parking
18 Spaces (0.53 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • C
  • 2,818 SF
  • Office
  • -
  • 120 Days

D10 Trade Park comprises a modern refurbished industrial estate with common central car parking/ courtyard.

  • G
  • 2,818 SF
  • Office
  • -
  • 120 Days

D10 Trade Park comprises a modern refurbished industrial estate with common central car parking/ courtyard.

Space Size Space Use Position Available
C 2,818 SF Office - 120 Days
G 2,818 SF Office - 120 Days

C

Size
2,818 SF
Space Use
Office
Position
-
Available
120 Days

G

Size
2,818 SF
Space Use
Office
Position
-
Available
120 Days

C

Size 2,818 SF
Space Use Office
Position -
Available 120 Days

D10 Trade Park comprises a modern refurbished industrial estate with common central car parking/ courtyard.

G

Size 2,818 SF
Space Use Office
Position -
Available 120 Days

D10 Trade Park comprises a modern refurbished industrial estate with common central car parking/ courtyard.

Nearby Major Retailers

T S B
Tesco Extra
NatWest
Pure Gym
SPAR
Costcutter
Lidl
chaiiwala
Santander
Starbucks
  • Listing ID: 32182108

  • Date on Market: 19/06/2024

  • Last Updated:

  • Address: Mid Wynd, Dundee DD1 4JG

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