Investment property with long term tenant

Prime new entry. We are excited to bring to market this tenanted commercial investment opportunity, located within a prime high street location in Dundee. For rental purposes, the property is tenanted with a long-term tenant of over 30 years, currently achieving an annual rent of £22,500. This provides a fantastic yield if achieved for the guide price. Sure to appeal to shrewd investors looking for a readily let opportunity, offering excellent high-yielding returns from a blue chip tenant. The property is situated in a prime high street location, benefiting from large daily footfall, and is tenanted by the long-standing business Betfred, which reported an annual revenue of £1.4 billion last year. Currently let at £22,500 per annum (£1,875 per month), the property could potentially achieve £2,000 per month. The accommodation comprises a main retail area and gaming area, office spaces, and two WCs. Dundee is a vibrant city on the east coast of Scotland, known for its rich industrial heritage and modern cultural revival. Historically famous for industries like jute, jam, and journalism, Dundee has transformed into a hub for design, technology, and education, home to institutions such as the University of Dundee and Abertay University. The city sits along the River Tay, offering scenic waterfront views that have been revitalized with attractions like the V&A Dundee, Scotland's first design museum. With a mix of historic landmarks, a growing arts scene, and strong connections to the video game industry, Dundee combines tradition with innovation, making it one of Scotland's most dynamic smaller cities.