Retail savills.ie
For Sale / To Let 131/131a Shore Road, Newtownabbey, BT37 9SY
• 2 prime retail units & commercial development site • With full planning permission • Units from c. 2,226 sq ft to c. 8,534 sq ft
Savills Belfast 1st Floor, Lesley Studios, 32/36 May Street Belfast BT1 4NZ, Northern Ireland
+44 (0) 28 9026 7820
Richard Watters (+44 (0) 28 9026 7820)
[email protected] Claire McAnallen (+44 (0) 28 9026 7825)
[email protected]
Location & Description
This retail warehouse development presents a fantastic opportunity to acquire retail warehousing that occupies a prominent position fronting the Shore Road, just off the M2 Motorway, close to Abbey Centre as well as Abbey and Longwood retail parks. The Shore Road acts as one of the main arterial routes into Belfast from the North foreshore, approximately 7 miles from the city centre. Neighbouring retailers within the area includes Homebase, JJB, TK Maxx, Matalan and Reids Furniture.
Description
The 2 no. adjoining retail warehouses are of steel portal frame construction, brick/block walls with metal profile cladding and insulated roof. Both units are open plan with ancillary offices, storage facilities and a mezzanine floor. A large tar macadam area provides excellent provision for car parking. The total site area extends to c 1.90 acre is bounded by a dwarf brick wall and metal railing fronting Shore Road and metal palisade fencing to the rear. The remaining undeveloped commercial site, with full planning permission, is currently occupied as a car wash with full planning consent for the following: Application No:
U/2005/0261/F
Application Type:
Full
Site for Development:
Proposed Land to south west of 131 Shore Road, Newtownabbey
Description of Proposal:
Erection of retail warehouse with car parking
The proposed site plan indicates a development of c. 15,875 sq ft with provision for subdivision into 2 separate units and car parking provision for 109 spaces with additional circulation space. Plans available upon application.
Furthermore we are advised that 3 no. Billboards on the site produce an income of £7,000 pa.
Accommodation Unit 131 Retail Warehouse Office 1 Office 2 Kitchen Store 1 Store 2 Mezzanine Stock Room Net Internal Area (NIA Unit 131A Retail Warehouse Mezzanine Stock Room Net Internal Area (NIA) Development Site
SQ.FT c. 4,497 c. 178 c. 334 c. 82 c. 189 c. 151 c. 877 c. 6,308
SQ.M c. 417.77 c. 16.58 c. 31.01 c. 7.58 c. 17.58 c. 13.99 c. 81.45 c. 585.96
c. 1,536 c. 690 c. 2,226 c. 1.24 acres
c. 142.69 c. 64.13 c. 206.82 (c. 0.50 Ha)
NAV Unit 131 Unit 131A Net Annual Value (NAV): £43,900 £13,500 Rate in the £ for Newtownabbey 2011/12: £0.578 £0.578 Estimated Rates Payable: £24,469.86 £7,524.90
VAT
All outgoings, prices and rentals quoted are exclusive of but may be liable to VAT.
EPC
Awaiting EPC (Energy Performance Certificate) assessment rating information.
Lease and Sales lease / sale details
option 1unit 13
option 2 unit 131a
option 3 -combined units option 4 - development site
term
negotiable
negotiable
negotiable
rent
£50,000
£17,500
£67,500
sale price
£600,000
£200,000
£800,000
£450,000
option 5 - site plus units
£1,250,000
The Property
Selling Agents Savills Belfast 1st Floor Lesley Studios, 32/36 May Street Belfast, BT1 4NZ +44 (0) 28 9026 7820
[email protected] Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland.
