INVESTMENT OPPORTUNITY – FOR SALE 6-8 Main Street, Ballynahinch, BT24 8DN
Key Benefits Rental income of £20,000 pa. Let to Poundland Limited until 25th July 2018. Town Centre location An EPC rating of C-72
Contacts
Location
Lisa McAteer t: 028 9043 6753 e:
[email protected]
Ballynahinch is a busy market town situated approximately 15 miles south of Belfast on the A24 Belfast to Newcastle Road. The subject property occupies an excellent position with significant frontage
James Turkington t: 028 9043 6925 e:
[email protected] CBRE The Linenhall Linenhall Street Belfast BT2 8BG t: 028 9043 8555 www.cbre.co.uk/ni
onto Main Street which is the primary retail pitch for the town. Occupiers in the immediate area include Ulster Bank, Savers and Café Rossi Bistro. Description The subject property is arranged over two floors to include a large retail area and store on the ground floor with offices and stores on the first floor. Finished to a high standard throughout with part tile, part laminate flooring, suspended ceiling, recessed fluorescent lighting, electric heating and cooling and lift access to the first floor.
DISCLAIMER CBRE on its behalf and for the Vendors or Lessors of this property, whose Agents they are, give notice that: These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties 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. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. Unless otherwise stated all priced and rents are quoted exclusive of VAT. February 2017 CBRE Ref: 3308
INVESTMENT OPPORTUNITY – FOR SALE 6-8 Main Street, Ballynahinch, BT24 8DN
Contacts
Accommodation Lisa McA teer t:
Lisa LisaMcAteer McAteer t:t: 028 0289043 90436753 6753 e:e:
[email protected] [email protected] Tomás James McLaughlin Turkington t: 028 9043 6912 t: 028 9043 6925 e:
[email protected] e:
[email protected] CBRE CBRE The Linenhall The Linenhall Linenhall Street Linenhall Street Belfast Belfast BT2 8BG 8BG9043 8555 t:BT2028 t: 028 9043 8555 www.cbre.co.uk/ni www.cbre.co.uk/ni
028 9043 6753 e: lisa.mcateer@cbre. com Tomás McLaugh lin t: 028 9043 6912 e:
Ground Floor
4,277
Sq ft
397
Sq m
First Floor
1,720
Sq ft
160
Sq m
Total
5,997
Sq ft
557
Sq m
tomas .mclaughlin @cbre.com CBRE The Linenhall Linenhall Street Belfast BT2 8B G t: 028 9043 8555 www.cbre.co.uk/ni
Tenancy The subject property is currently occupied by Poundland Ltd with a passing rent of £20,000 per annum. The lease is due to expire 25th July 2018. Tenure Assume the property is held freehold or long lease hold subject to a nominal ground rent. Rateable Value We are advised by Land & Property Services that the property has a Net Annual Value of £28,000. The rate in the £ for 2016/2017 is £ 0.547951. Therefore the rates payable are £15,342. Price We are inviting offers in the region of £180,000 exclusive. DISCLAIMER CBRE on its behalf and for the Vendors or Lessors of this property, whose Agents they are, give notice that: These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties 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. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. Unless otherwise stated all priced and rents are quoted exclusive of VAT. February 2017 CBRE Ref: 3308
INVESTMENT OPPORTUNITY – FOR SALE 6-8 Main Street, Ballynahinch, BT24 8DN
Covenant Poundland Limited has a Delphi score of 90 at 6th February 2017. A copy of the Experian Report is available on request. VAT All prices are quoted exclusive of VAT, which may be payable.
EPC The building has been rated as C-72 under EPC regulations. A copy of the EPC Certificate is available adjacent and can be made available on request.
Contacts Lisa McAteer t: 028 9043 6753 e:
[email protected] James Turkington t: 028 9043 6925 e:
[email protected] CBRE The Linenhall Linenhall Street Belfast BT2 8BG t: 028 9043 8555 www.cbre.co.uk/ni
DISCLAIMER CBRE on its behalf and for the Vendors or Lessors of this property, whose Agents they are, give notice that: These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties 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. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. Unless otherwise stated all priced and rents are quoted exclusive of VAT. February 2017 CBRE Ref: 3308
