2089sq ft
Agreed
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8–12 Broughshane Street, Ballymena, BT43 6ED
Agreed
Town Centre Investment Opportunity
Producing an income of £12,000 p.a.
c. 2,089 sq ft
Current rating: C62
The subject occupies a prominent position on Broughshane Street within Ballymena’s primary retailing area.
Neighbouring occupiers include Ulster Bank, Laura Jones Dental, Juliano’s, Rafferty Property and Cameron’s Department Store.
The subject comprises the ground floor retail unit of a prominent period town centre building. The retail unit is let to Nugelato and has been fitted out to a high standard by the tenant, with the accommodation providing a large retailing area, kitchen and ancillary staff accommodation at the rear.
Ground floor extends to c. 194 sq m (c. 2,089 sq ft)
Let to Nugelato for 5 years from 01/07/2021 at a rental of £12,000 p.a.
PRICE – We are seeking offers over £150,000
TITLE – We assume the property is held under freehold title
NAV / Capital Value
NAV £7,250.
Estimated rates payable is £4,362 per annum
Please note that all prospective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT
8–12 Broughshane Street, Ballymena, BT43 6ED
Ballymena is one of Northern Ireland’s leading provincial towns, having a resident population of c. 28,000 persons and a district population of 56,000.
Accommodation Details
Ground floor extends to c. 194 sq m (c. 2,089 sq ft)
Lease Details
Let to Nugelato for 5 years from 01/07/2021 at a rental of £12,000 p.a.
Sales Details
PRICE – We are seeking offers over £150,000
TITLE – We assume the property is held under freehold title
NAV / Capital Value
NAV £7,250.
Estimated rates payable is £4,362 per annum
Please note that all prospective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT
8–12 Broughshane Street, Ballymena, BT43 6ED
Ballymena is one of Northern Ireland’s leading provincial towns, having a resident population of c. 28,000 persons and a district population of 56,000.