Modern serviced apartments in Dundee city centre up for grabs through Christie & Co
Specialist business property adviser, Christie & Co is delighted to bring to market, Greenstar Serviced Apartments in the heart of Dundee City Centre.
Located next to Abertay University, the serviced apartments are just a short walk from the McManus Gallery, Overgate Shopping Centre and the acclaimed waterfront development. Dundee is well connected by the A90 to Perth and across the impressive Tay Bridge to Monifieth and Carnoustie.
Forming the upper floors of the listed Mercantile Building, the property features six apartments with a total of 11 bedrooms which can cater for up to 34 guests. Each apartment has been developed to a very high standard, and include eco-friendly HHR SMART heaters.
The current owners developed the scheme and have traded the business since pre-covid and now wish to sell to continue alternative pursuits.
Gary Witham, Hotel Director at Christie & Co, who is handling the sale, comments, “This is a great city centre scheme with a real focus on sustainable issues. In light of the current debate over short let legislation, there is a real appeal to having commercial planning consent (Class 7). This is a low maintenance scheme to manage which would work extremely well as a stand alone investment or to add to a wider portfolio.”
Greenstar Serviced Apartments is on the market for £850,000 for the freehold interest.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Gary Witham, Director - Hotels
M: +44 7712 198 834 or E: gary.witham@christie.com
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