Superb investment opportunity for someone
wishing to purchase a prime town centre retail unit for either rental purposes
or for conversion to residential dwelling subject to necessary consents. The
property currently has a shop with upstairs lounge /kitchen area and has use of
a communal area to side . There are several large commercial redevelopments
planned for the immediate vicinity.
Features
PVC Double Glazed Windows
Town Centre Location
Could Be Suitable For Conversion Back Into Home Subject To Necessary Consents
Current Tenant Is Has a 5 Year Lease (from May 2024) Deriving A Rental Income of £6,000.00 p/a
Room Details
RECEPTION: 13' 3" X 12' 7" (4.04m X 3.84m)
With strip lighting, laminate wood floor and door leading onto Park Street.
MAIN OFFICE: 15' 11" X 13' 1" (4.85m X 3.99m)
With strip lighting and laminate wood floor.
REAR OFFICE: 11' 9" X 11' 7" (3.58m X 3.53m)
With storage cupboard and laminate wood floor.
SEPARATE WC:
With wash hand basin.
KITCHEN: 11' 9" X 9' 11" (3.58m X 3.02m)
With single drainer stainless steel sink unit, fireplace and shelving.
LOUNGE: 10' 5" X 8' 9" (3.18m X 2.67m)
With fireplace, built in storage and additional built in storage with shelving.
Common yard with bins.
Location
* Click boxes to display surrounding locations
Directions
This property is located on the way from the mall car park towards Coleraine town centre and just before the O2 shop. The property is located opposite Smyths Country Sports.
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Property Value
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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.
