50% off prime site at Perth Road, Dundee

Offers in excess of £1.2 million are being sought for a prime residential site at Perth Road, Dundee.
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Sept. 2, 2011 - PRLog -- Offers in excess of £1.2 million are being sought for a prime residential site at Perth Road, Dundee after Ryden was instructed by Grant Thornton UK LLP, joint administrator of Signature Homes (Scotland) Limited (in administration), to sell the land.

The site, a former plant nursery owned by James Laurie and Son, extends to 1.1 hectares (2.272 acres).  It has planning consent for twenty houses (eight detached and twelve semi-detached) and is situated two-miles west of Dundee city centre with an attractive outlook to the south over the River Tay.  

Signature Homes (Scotland) Ltd received bids of up to £2.4m in 2007 but the company went into administration and half that value is now being sought.


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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, Managing Partner and has around 140 people, including 29 partners and 24 associates.

Ryden has offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.  

Some recent awards include:
•   Property Week’s Industrial Agency Team of the Year (Scotland) 2009
•   EGi’s Most Active Agent in Scotland 2010
•   EGi’s Most Active Industrial & Distribution Agent in Scotland 2010
•   EGi’s Most Active Office Agent in Scotland 2010

For more information see http://www.ryden.co.uk

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Ryden is the largest independent commercial property consultancy in Scotland and the North of England. We have 33 Partners and over 140 staff across six offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.
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