Property Information
Address:
Fowler Road, Dundee, Angus
, DD5 3RU
, Angus
, United Kingdom
Price: Property no longer available.
Size: 29834 sq ft2772 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH666395
Property Ref/Agent: 50799
*Please use the agent ref when calling the agent directly.
Property description
The subjects comprise a substantial detached modern
industrial warehouse and office building. The property sits
on a substantial secure site with car parking and vehicle
turning space. Warehouse accommodation is open plan
throughout with 7m eaves. The office content is cellular and
well presented.
The property is occupied by DPD.
DPD Group Ltd is part of the DPD Group which is the largest
parcel delivery network in Europe with over 58,000 pickup points
and delivers over 1.9 million parcels per year, 40% growth since
2019. DPD Group is the parcel delivery network of Geopost which
posted sales of 11 Billion Euros in 2020. Geopost is a holding
company owned by Le Groupe La Poste.
DPD Group UK Limited has a D&B Rating of 5A2
Let to DPD Group UK LTD (5A2 D&B Rating)
Current rent £120,000 per annum
Rent increases 06/09/2022 to £194,000 per annum
Offers over £3,000,000 are invited
Reversionary yield from September 2022 of 6.08%
;