Marketgait Business Centre, 152 West Marketgait, Dundee, Angus, DD1 1NJ

Description

An established business centre in Dundee comprising 18 individual office suites, varying in size from approximately 195 sq. ft. to 696 sq. ft. The property is suitable for investors, business operators or owner-occupiers seeking office accommodation.

Accommodation

18 individual office suites ranging from approximately 195 sq. ft. to 696 sq. ft. Office sizes total approximately 700 sq. m, excluding WCs, server room, kitchen, breakout areas and large hallways. Additional facilities include a communal kitchen area, dedicated server/data room and spacious open hallway.

Location

Prominent position on West Marketgait within Dundee city centre, with access to commercial, retail and leisure amenities and public transport connections. Nearby facilities include NCP Dundee Marketgait multi-storey car park, Travelodge Dundee Central, PureGym Dundee and various food, drink and business services.

Tenure / Property Information

Investment Analysis

The £180,000 guide is the only supplied pricing evidence and is not a formal valuation. No completed sales, rental evidence, passing rent, capitalisation rate or auctioneer rent estimate has been provided, so market value, income value and resale value cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Treat as a potential owner-occupier or commercial operating opportunity rather than an underwritten investment until suite rents, occupancy prospects, condition, tenure and all auction charges are verified.

Works Required

No specific defects or refurbishment requirements are evidenced. Allowance should remain unquantified pending inspection, review of the legal pack and confirmation of building services, office-suite condition and statutory compliance.

Rental & Market Context

Potential BRRR Position

A purchase, refurbishment and refinance assessment cannot be completed because there is no supported GDV, rental income, works budget, tenure detail or finance-cost information. The vacant status and multi-suite configuration may offer operational flexibility, but this is not a supported valuation conclusion.

Buy-to-Let Analysis

The property comprises 18 vacant office suites, but no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Commercial letting income and gross yield therefore cannot be established. The buyer premium and any other applicable charges also remain unquantified.

Flip Analysis

A flip surplus cannot be calculated. There are no completed comparables, supported GDV, refurbishment budget, selling allowance or known buyer and other acquisition costs. The guide price alone is insufficient to establish resale profit.

Investor Risks & Due Diligence

• The property is vacant, with no supported passing income or rental estimate.

• No sufficiently specific external rental comparable has been identified.

• Buyer Premium applies, while its amount is not supplied; additional fees may also apply under the legal pack.

• Tenure, lease information, EPC, council tax and heating details are not supplied.

• No condition survey or quantified refurbishment budget is provided.

• The suitability of the 18-suite office configuration for future letting or owner occupation is not financially evidenced.

Recommendation

Treat as a potential owner-occupier or commercial operating opportunity rather than an underwritten investment until suite rents, occupancy prospects, condition, tenure and all auction charges are verified.

Strategy Rating

Analysis Confidence

The evidence confirms the property format, approximate accommodation, vacant status and guide price, but provides no rental, sales, condition, tenure, EPC, service-cost or fee evidence needed for financial underwriting.