6 Michelin Road, Mallusk,

Features of this property

• FOR SALE - PRIME C. 3 ACRE DEVELOPMENT SITE WITH DUAL PLANNING CONSENT FOR:
• a) 11 No. B4 / Trade Counter Showrooms totalling c. 6,100 sq m (66,000 sq ft) or
• b) 28 No. Own Door B1 Offices totalling c 5,600 sq m (60,000 sq ft)
• with access off Scullions Road and benefit of Short Term Income

Property Description

Both schemes currently consented benefit hugely from a direct access of Scullions Road and the Planning consent for office development is the first of its kind in the area and was strongly resisted by the Planning Authorities – the resultant development would have unrivalled appeal to both local and owner occupiers / tenants commuting from Newtownabbey / Antrim / Ballymena etc and those wishing to avoid the higher costs and travel time of a Belfast location yet convenient to all its amenities being only c. 8 miles / 10 mins away by car.

CURRENT INCOME:

Approximately 1.5 acres of the site is currently occupied by Sperrin Building Services (overholding on a 9 month license), producing c. £18,750 per annum, with potential to double this figure on letting of the remainder of the site, providing valuable income pending development under one of the two consents or any amended / alternative scheme.

SITE AREA:

Site extends to c. 3 acres (1.21 ha).

SALES DETAILS:

Price - Offers invited.

Term - Freehold / Leasehold subject to nominal ground rent.

VAT:

All prices, outgoings etc quoted are exclusive of, but may be subject to VAT.

FURTHER INFORMATION:

Contact:  Iain McCabe (iain.mccabe@okt.co.uk) on Tel: 9024 8181.

Ref: 4344

Location of 6 Michelin Road, Mallusk