A historic Dundee city centre site has been brought to the market by Scarlett Land and Development.
The vacant B listed building on Barrack Street was the former Robertson’s furniture store. It operated on the site between 1929 and 2011, when the company went into administration.
The former store comprises a four-storey art deco style building constructed in around 1935, prior to which it was the Willison United Free Church.
The development site, measuring just over 0.5 acres in area, already has planning permission for a 215-bed hotel and is within walking distance of Dundee’s main amenities and attractions.
The blocks are in two parts – one for 115 beds over six storeys and the other for 100 beds also over six storeys. There is also additional licensed restaurant space on the ground floor.
Offers are now being invited for the potential delivery of development, with suggestions that it would be an ideal location for student accommodation, subject to planning, given the considerable demand in Dundee.
Despite its two universities and two colleges, the supply of student beds has been lagging behind other university cities in the UK. Commercial property company CBRE estimated a shortfall of circa 3,000 beds for full-time students not covered by a university accommodation guarantee.
Will Scarlett, of founder and director of Scarlett Land and Development, said: “This is a superb opportunity for an exceptional development in Dundee city centre which is very well connected.
“Clearly given strong demand for student accommodation and given its location in close proximity to universities and colleges, this is an ideal opportunity for a student housing developer to progress such a scheme.”
The site has a closing date of 16 September, with a preference for bids that are not conditional on planning.
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