The purchase price was not disclosed however Ryden, joint agents with London based Keningtons, was marketing the property which extends to 135 sq m (1,455 sq ft) over upper and lower ground floors at offers over £170,000.
Unite, the UK's largest Trade Union, which owned and occupied the building has moved to modern premises in the city's Blackness Road.
Andy Boal, head of Ryden's Dundee office reports that there was a very encouraging level of interest in the property from business occupiers and residential and leisure developers leading to tight competition at the closing date.
Notes to Editors
Ryden is an independent commercial property firm operating a full-service practice. Service lines include Agency & Development, Investment & Finance, Professional, Building Consultancy, Property Management and Consulting.
The firm is headed by Fiona Morton, Chairman and has around 140 people, including 32 partners and 20 associates.
Ryden has offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.
EGi’s Most Active Agent in Scotland 2011
EGi’s Most Active Industrial Agent in Scotland 2011
EGi’s Most Active Office Agent in Scotland 2011
CoStar’s No.1 Edinburgh & Glasgow Office Agent by No. of Disposals 2011
CoStar’s No.1 Scotland Industrial Agent 2011
Property Week’s Industrial Agency Team of the Year (Scotland) 2009
For more information see http://www.ryden.co.uk