Traditional public house located on Hilltown, a short stroll from Dundee city centre. (ref 1491)
Traditional public house located on Hilltown, a short stroll from Dundee city centre. (ref 1491)
Overview
Description
Traditional public house. Highly visible corner site. Located close to Tannadice and Dens Park. Heavily populated residential area. Significant recent investment in Dundee. Currently tenanted.
FREEHOLD Guide Price: £150,000 + VAT.
The Hill Bar is located towards the northern end of Hilltown, close to where the road becomes Strathmartine Road. Positioned alongside Hilltown Park, the city centre and popular tourist attractions are all within a 15-minute stroll from the property. Dundee is Scotland’s 4th largest city and has seen significant development over the last few years, much of which has happened around the first V&A Museum at the waterfront. The city is very popular with students residing here at the 2 universities.
This public house is currently tenanted thus offers an investment opportunity with the potential for future hands on involvement or development. Located close to both the football stadiums in Dundee to the north-east and Abertay University to the south it enjoys plentiful footfall. The area is also densely populated with a variety of housing nearby.
The property is being sold on a freehold basis with an ongoing lease. The lease ends December 2024 and the current rent is £13,000.
Freehold guide price of £150,000 plus VAT is sought for the heritable interest in the property and all fixtures & fittings pertaining thereto.
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