** Closing Date: Friday 21st May 2021 at 12.00pm approx. if not previously sold and completion by 30th June 2021. **
A great opportunity to acquire a substantial 6 bedroom, 3 story property immediately beside Portrush's East Strand beach. The property offers the potential for an investor to purchase the property to derive a rental income from the sitting tenancy which is in place. Alternatively the property could be developed but only through the purchase of the property and with the purchaser seeking an arrangement with the current sitting tenancy. Purchasing this property on the basis of vacant possession is not an option.
The solicitor dealing with the title is John McCaughan, Macaulay Wray Solicitors, Coleraine,
and as such we are advised as follows.
The tenure of the title to both properties is freehold and there are no restrictive covenants.
properties are currently occupied by sitting tenants. The vendors inherited the
properties in 2011 and there is no information with the title deeds in relation
to the sitting tenants. The sitting tenants in both properties claim to be
Armstrong Gordon will openly advertise these properties for sale and collate a list of viewers with proof of cash funds available and set a pre-arranged viewing time with current tenants. Unconditional cash offers only will be considered.
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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.