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44-46 Catherine St 3,500 sq ft 100% Let Retail Property Ballykelly BT49 9DB For Sale
Investment Highlights
- Excellent connectivity
- Close proximity to local amenities
- Strategic location
Executive Summary
The sale of the freehold, with offers over £349,500.
Substantial block of prime town centre commercial property which includes 2 shops, 1 large flat and large car park and lands to rear. The shops and flat are let out at present and the building previously had planning for a replacement 10,500 square foot structure over 3 floors. The 26 car car park also derives a good rental and there is an area of spare land to the rear also included in the sale. We believe that the entire site is suitable for either a rental investment or indeed as a possible renovation/development site subject to necessary consents.
Substantial Block Of Investment Property Deriving An Income Of £5,000 Per Annum for the Phone and Tech shop, £3,600 Per Annum For Vape Shop. £6,000 For Flat & £5,000 For Carpark.
Substantial block of prime town centre commercial property which includes 2 shops, 1 large flat and large car park and lands to rear. The shops and flat are let out at present and the building previously had planning for a replacement 10,500 square foot structure over 3 floors. The 26 car car park also derives a good rental and there is an area of spare land to the rear also included in the sale. We believe that the entire site is suitable for either a rental investment or indeed as a possible renovation/development site subject to necessary consents.
Substantial Block Of Investment Property Deriving An Income Of £5,000 Per Annum for the Phone and Tech shop, £3,600 Per Annum For Vape Shop. £6,000 For Flat & £5,000 For Carpark.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,500 sq ft
Costar Property Class
C
Year Built
1880
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.26
Total Plot Size
0.31 ac
Parking
26 Spaces (7.43 Spaces per 1,000 sq ft Leased)
Amenities
- Bus Route
- Security System
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Contact
-
Jan Lyons -
Armstrong Gordon
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44-46 Catherine St
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