7447sq ft
Agreed
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Shell Hill Square Retail, Atlantic Road, Coleraine, BT52 2NF
Agreed
Neighbourhood Retail Centre with Convenience Store & 4 No. Units
2 units with hot food consent
Shell Hill Retail Centre is located on the busy Atlantic Road connecting Portrush and Coleraine town centres.
The retail units benefit from a substantial residential catchment and are the closest off campus retail facilities for the Ulster University Coleraine Campus which accommodates over 6,000 students and staff.
Shell Hill Square Retail Centre investment opportunity is available in its entirety or in two lots as detailed below:
LOT A: Comprising Unit 1 which is a convenience store fitted out to a high specification and ready to trade immediately. The unit has a fully fitted deli with hot food and salad bar. The unit benefits from secure electric roller shutter and aluminium shop window and door fronts.
LOT B: Comprises Units 2, 3, 4 and 5 which are finished to a shell specification with electricity, water and gas connections. The units also all benefit from secure electric roller shutter and aluminium shop fronts. These units have Planning Permission for a range of retail uses including 2 hot food consents.
LOT A
Unit 1 (Ground Floor) c. 359 sq m (3,864 sq ft)
Unit 2 (First Floor) c. 65 sq m (703 sq ft)
TOTAL LOT A: c. 424 sq m (4,567 sq ft)
LOT B
UNIT 2 c. 67 sq m (720 sq ft)
UNIT 3 c. 67 sq m (720 sq ft)
UNIT 4 (Hot Food Consent) c. 67 sq m (720 sq ft)
UNIT 5 (Hot Food Consent) c. 67 sq m (720 sq ft)
TOTAL LOT B: c. 268 sq m (2,880 sq ft)
OVERALL TOTAL: C. 692 SQ M (7,447 SQ FT)
LOT A: Offers invited over £325,000
LOT B: Offers invited over £225,000
ENTIRETY: Offers invited over £485,000
TITLE: We assume the property is held under freehold title or long leasehold title.
NAV / Capital Value
See attached brochure further further details.
VAT
Any sale / transaction will be subject to VAT.
Shell Hill Square Retail, Atlantic Road, Coleraine, BT52 2NF
The town of Coleraine acts not only as a University town, but is also the principal tourism nexus for North Antrim’s world renowned Causeway Coast.
Accommodation Details
LOT A
Unit 1 (Ground Floor) c. 359 sq m (3,864 sq ft)
Unit 2 (First Floor) c. 65 sq m (703 sq ft)
TOTAL LOT A: c. 424 sq m (4,567 sq ft)
LOT B
UNIT 2 c. 67 sq m (720 sq ft)
UNIT 3 c. 67 sq m (720 sq ft)
UNIT 4 (Hot Food Consent) c. 67 sq m (720 sq ft)
UNIT 5 (Hot Food Consent) c. 67 sq m (720 sq ft)
TOTAL LOT B: c. 268 sq m (2,880 sq ft)
OVERALL TOTAL: C. 692 SQ M (7,447 SQ FT)
Sales Details
LOT A: Offers invited over £325,000
LOT B: Offers invited over £225,000
ENTIRETY: Offers invited over £485,000
TITLE: We assume the property is held under freehold title or long leasehold title.
NAV / Capital Value
See attached brochure further further details.
VAT
Any sale / transaction will be subject to VAT.
Shell Hill Square Retail, Atlantic Road, Coleraine, BT52 2NF
The town of Coleraine acts not only as a University town, but is also the principal tourism nexus for North Antrim’s world renowned Causeway Coast.