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Vacant Commercial Complex

Dundee, DD2 - Get Access

Description

Prime 3.05 acre commercial complex comprising approximately 10,950 sq ft of pub, grill, soft play, and events space, situated at Dundee Airport with over 100 car parking spaces. The ground-floor space spans 9,450 sq ft and is dedicated to the pub and restaurant alongside an attached Wacky Warehouse soft play area for children, making it a popular destination for families, casual dining, and events. The upper floor provides 1,500 sq ft of staff and manager accommodation featuring two residential apartments. The property is of steel portal frame construction with exterior cladding under a pitched roof, and was fully refurbished in 2020 to include a refreshed interior and upgraded kitchen facilities. The premises benefit from an on-sales liquor licence and a rateable value (NAV/RV) of £55,300. Offering a rental estimate of £165,000 per annum, the site presents exceptional future development potential, including options for subdivision or further redevelopment and the erection of additional premises within the expansive car park, subject to obtaining all necessary planning consents. Riverside Drive provides a desirable riverside setting on a busy main thoroughfare leading into and out of Dundee city centre, offering unparalleled views of Dundee Airport, which serves as a major private air terminal for regional events including golf tournaments at St Andrews. Dundee is Scotland's fourth largest city, positioned on the east coast approximately midway between Aberdeen to the north and Edinburgh to the south, boasting a resident population of roughly 155,000 and an extended catchment area of 235,000.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 10,950 sq ft (Listing)

This commercial hospitality complex was valued primarily through an income capitalisation approach based on its estimated rental value of £165,000 per annum. The property spans 10,950 sq ft across a 3.05-acre site in Dundee and was fully refurbished in 2020. Condition was assessed as good overall (6/10) with traditional commercial finishes and functional spaces.

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