|
|
||
|
Offering an ideal investment opportunity - a block of five units
comprising one first floor and three ground floor commercial units
fronting New Street, along with a self-contained second floor apartment
accessed from Townhall Lane to the rear.
All units are currently fully let, with each of the commercial tenants having a five year lease running from 1st July 2007, with total gross income for the block of £30,500 per annum. Due to its excellent location in Donaghadee's main shopping area along with proximity to the seafront and harbour, we would anticipate future rental demand to be strong.
Rent and tenancy details 26 New Street Ground Floor Shop Approx 600 sq ft (51' 4" x 10' 7" overall) Currently Let FROM: 1st July 2007 TERM: Five years RENT: £7400.00 per annum (Rent is subject to VAT) OTHER: Tenant responsible for payment of rates, and for refund of insurance premium to landlord. 26a New Street First Floor Retail Approx 835 sq ft (over shops 26, 28 and 28a) Currently Let FROM: 1st July 2007 TERM: Five years RENT: £4500.00 per annum (Rent is subject to VAT) OTHER: Tenant responsible for payment of rates, and for refund of insurance premium to landlord. 28 New Street Ground Floor Shop Approx 560 sq ft (48' 10" x 11' 10" overall) Currently Let FROM: 1st July 2007 TERM: Five years RENT: £7200.00 per annum OTHER: Tenant responsible for payment of rates, and for refund of insurance premium to landlord. 28a New Street Ground Floor Shop Approx 660 sq ft (53' 6" x 14' 6" overall) Currently Let FROM: 1st July 2007 TERM: Five years RENT: £7500.00 per annum OTHER: Tenant responsible for payment of rates, and for refund of insurance premium to landlord. EACH OF THE COMMERCIAL UNITS HAS ACCESS TO TOWNHALL LANE AT THE REAR 24 Townhall Lane Second Floor Apartment Self contained. One double bedroom. Currently Let FROM: 25th June 2007 TERM: One year and 6 days RENT: £3900.00 per annum OTHER: Tenant responsible for payment of rates. N.B. As some of the rents are subject to VAT, a proportion of the purchase price will also be subject to VAT. LOCATION : Travelling into Donaghadee follow the one-way system on to the seafront then turn right into New Street. The property is on the right. Townhall Lane runs to the rear of the block and is accessed from The Parade or High Street beside the old Town Hall. We endeavour to make our sales details accurate and reliable but they should not be relied on as statements or representations of fact and they do not constitute any part of any offer or contract. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We would strongly recommend that all the information which we provide about the property is verified by yourself or your adviser. Please contact us before viewing the property. If there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property.
|
41-43 High Street, Donaghadee, Co Down, BT20 4JP TEL: 028 91 884400
