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21-23 Church Street, Ballymena, BT43

Type Retail
Offer Status For Sale
Estate Agent DTZ McCombe Pierce
From

£ 525,000

EUR 679,137*

US$ 926,866*

Features

  • For Sale - Excellent Investment Opportunity

Description

LOCATION

Ballymena, situated 25 miles north of Belfast, is a strong administrative and industrial centre with a catchment population of approximately 200,000 people and is one of Northern Ireland's best retailing towns.

The premises occupy a strong trading position in the towns principal "High Street" destination.  Occupiers within close proximity include Barclays Bank, The Edinburgh Woollen Mill, Style 'n' Sport, Wellington Gifts, Captain Cooks, Nicholl Bros Electrics, Wyse Byse, Houstons and Wallaces.

The Town Hall and Braid Arts Centre (opened in February 2008) is proving to be a major draw for this end of Church Street.

There is an abundance of car parking within the area.

ACCOMMODATION

The premises comprise accommodation of the following approximate areas and dimensions.

Internal width - 18' 9" (5.72 m)

Ground floor - retail - 879 sq ft (81.66 sq m)

First floor - retail - 822 sq ft (76.36 sq m)

First floor - store - 97 sq ft (9.01 sq m)

Second floor - store - 468 sq ft (43.48 sq m)

Total Area - 2,266 sq ft (210.51 sq m)

LEASE

The premises are let on a 15 year full repairing and insuring lease to David McIlveen and Gareth Dallas t/a Ulster Property Sales from 1st September 2007 at an initial rent of £25,000 per annum exclusive subject to five yearly upward only rent reviews.

The tenants have a break option at the end of the tenth year subject to serving at least 6 months prior written notice.

Ulster Property Sales are the largest independent Estate Agency network in Northern ireland with 6 branches in Belfast and a further 7 branches in major provincial towns.

PRICE

Offers in excess of £525,000, subject to contract.

TITLE

Assumed freehold.

FURTHER DETAILS

For further details please contact paul.mulholland@dtz.com

 

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DTZ McCombe Pierce

www.dtz.co.uk/belfast

Agent Contact Details
  • 5 Oxford Street
  • Belfast
  • Co. Antrim

View this Agent's properties

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