FOR SALE Prominent end terrace with benefit of Considerable Refurbishment / Development Potential
8 Columba Terrace, Derry, BT47 6JT
LOCATION & DESCRIPTION Columba Terrace is located near the start of the Limavady Road which leads from the Waterside Area outward to the Caw Road. The route is a busy thoroughfare for both traffic and pedestrians, just opposite the new Ebrington Festival Square, as such sure to go from strength to strength over the coming years. Subject to Planning Approval, the premises are ideal for further expansion to the rear to provide a sizeable extension to the existing office accommodation or remodelling as residential apartments. To the rear of the premises is a sizeable outbuilding with side access to May Street which will benefit any potential development (subject to planning).
ACCOMMODATION FLOOR
GROUND
DESCRIPTION
N.A.V M²
Sq Ft
Office 1 Office 2 Kitchen
20.5 10.0 9.3
221 108 100
Rear Store
51.1
550
FIRST
Office 3 Office 4
9.3 28.1
100 302
SECOND
Office 5 Office 6 Office 7
9.9 8.0 12.8
107 87 130
159.0
1,705
Total Site Area
SALES DETAILS PRICE:
Offers Over £115,000
TITLE:
Assumed Freehold or Long Leasehold
VAT All prices quoted are exclusive of VAT
We are advised by the Land and Property Service that the current NAV for the subject is: £8,600 The commercial rate in pound is £0.620831 Note - LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.
EPC (Energy Performance Certificate)
For Identification Purposes Only - Not to Scale
Further Information O’Connor Kennedy Turtle 20 – 22 Stable Lane Coleraine BT52 1DQ T +44 (0)28 7034 244 E
[email protected]
Contact: Henry Taggart E
[email protected] Our Ref: HT/SB/C2074
OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of O’Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to this property. (iv) OKT have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.