44A - 44D Longstone Street, Lisburn, County Antrim, BT28 1TP

From

£400,000

Typical Mortgage

per month

Contact Agent

Shooter Property Services (Lisburn)

Description & Features

Attractive Multi-Let Investment Opportunity

Presenting a highly attractive commercial investment for sale. A parade of 4 number retail units, fully let to performing and long established tenants. The property benefits from a high profile position on Longstone Street and boasts a relatively large rear yard which may be suitable for further development (subject to planning). Gross passing rent is £34,600 with scope to re-gear leases and grow returns. A viewing is highly recommended.

A Fully Let Parade of 4 no. Retail Units on Well Let Longstone Street, Lisburn
Current Passing Rent £34,600 p.a.x
Asset Management Potential to Increase Rental Returns
Long Standing and Fully Performing Tenants
High Profile Location with Good Footfall
Relatively Modern Building
Historically Low Vacancy Levels on Longstone Street
Large Private Car Park to Rear May be Suitable for Development (Subject to Planning) Total Site Area c. 0.2 acres
Full Lease Details are Available Through Shooter Property Services Lisburn Office
Viewings can be Arranged Through Shooter Property Services Lisburn Office

Room Measurements

44a Longstone Street: Tenant - Pennys Nails and Beauty. Lease expired April 2011, currently holding over. Passing rent £8,250.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44b Longstone Street: Tenant - Saikung Night Chinese Restaurant. Current lease expires 31st July 2032. Passing rent £9,000.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44c Longstone Street: Tenant - Opium Barbers. Lease expired 31st March 2015, currently holding over. Current rent £8,350.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44d Longstone Street: Tenant - Paramount Pizza. Current lease expires 30th April 2028. Rent £9,000.00 per annum. 85 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.