18 Long Commons, Coleraine, BT52

Reserved

  • 0 Bedroom(s)
  • 0 Reception(s)
  • Commercial Property

Summary

This end of terrace property enjoys a good level of profile onto Long Commons and close to the busy junctions with Kingsgate Street. Great investment opportunity.


Description

INVESTMENT OPPORTUNITY

Business Not Affected

WELL LOCATED TOWN CENTRE PREMISES

This end of terrace property enjoys a good level of profile onto Long Commons and close to the busy junctions with Kingsgate Street. Great investment opportunity.

 

Location and Description


This end terrace two storey property is well located within Coleraine Town Centre being adjacent to the pedestrian precinct but enjoying good profile onto one of the towns busiest traffic thoroughfares.
 
Given the location of the premises it would be our opinion that demand would be good from a range of users/occupiers should the property become vacant at the end of the lease term.



The building has bright accommodation and has been used cleverly for the current occupier.



Good investment opportunity.

Sales Details


            Title:                            Freehold – to be confirmed by solicitor.

Price:                          Offers over £62,500

Lease Details

Tenant:                      Mr S Ford

Rent:                          £6,000 per annum

Term:                          3 years from 1 January 2016  

Accommodation

                                                                             SQ FT        SQ M

GROUND FLOOR

Open Plan Reception / Office                            316             29.35

Storage below stairs

Kitchen:                                                               100               9.29

comprising single drainer stainless steel sink unit

built-in units, tiled floor and with access to rear yard

 

FIRST FLOOR

Open Plan Office Area                                         83               7.70

Office 1                                                                139             12.90

Office 2                                                                  88               8.20

Toilet and pedestal wash hand basin

Electric roller shutter on shop front.  Window and door.

Enclosed rear yard.

Parking facility may be made available in case of lease.

NAV

We are advised by the Valuation and Lands Agency that the current Net Annual Value of the subject property is £2,230.00

VAT

All prices, rents and outgoings quoted are exclusive of, but may be subject to vat.

Viewing

 Strictly Through Agents:        Philip Tweedie & Company

                                                          62-64 New Row

                                                          COLERAINE, BT52 1EP

                                                          Tel:   028 7034 4433

 

                                      Contact: Philip Tweedie

e-mail: philip@philiptweedie.com

 

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WHY PHILIP TWEEDIE & COMPANY?

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