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Manhattan Works, Dundonald Street, Dundee, Scotland, DD3 7PY Image

For Sale - Under Offer

Manhattan Works, Dundonald Street, Dundee, Scotland, DD3 7PY

Tenure

For Sale

Type

Investment

Price

£3,500,000 Offers Over

Size

168,856 Sq Ft

Ref No

14946

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Property Highlights

Thriving multi-use property
Located 1 mile from city centre
Total buildings extend to c. 168,856 sq ft
Significant asset management opportunities and scope to improve income profile
Substantial site area of c. 7.6 acres
Current net rent of £524,872 pa
Offers over £3.5m
NIY of 14.08%
Low capital rate of £20.73 psf

Overview

Manhattan Works is a former Jute Mill originally constructed in 1873/1874. The property was extended and expanded over the years until 1995 when operations ceased. Manhattan Works has now been adapted into a thriving multi-use property offering accommodation to a diverse range of occupiers and businesses serving the local community and beyond. Accommodation / unit sizes range from 500 sq ft to 78,000 sq ft and onsite uses vary from storage & distribution, to manufacturing, and retail and leisure.

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Ben Dobson

07796649931

Contact Agent

Nick Armstrong

Partner

07740961592

Contact Agent

Additional Links

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