170-174 Church Road, Glengormely, BT36 6HA
Offers Over £440,000
Property Overview
Status
For Sale
Style
Investment Property
Property Features
Size
276.2 sq m (2,973 sq ft)
Property Financials
Price
Offers Over £440,000
Additional Information
- Fully-let retail investment situated in the heart of Glengormley.
- The property is situated in a prominent location on Church Road at the junction on the Antrim Road.
- The property extends to approximately 2,973 Sq Ft (276.20 Sq M) across 5 units on a site measuring c. 0.1 acres
- (0.04 hectares).
- All five units are let currently producing a total income of £42,550 per annum.
- We are seeking offers in the region of £440,000 (Four Hundred and Forty Thousand Pounds) exclusive of VAT and subject to contract. An acquisition at this level would reflect a net initial yield of 9.15% after purchasers costs of 5.63%.
The property comprises a substantial ground floor commercial property fullylet to 5 different units.
Construction is of flat roof construction and part pitched and exterior wall of red brick.
Directions
Glengormley is located approximately 3.5 miles from Belfast City Centre, 1 mile from the Sandyknowes junction of the M2 Motorway providing ease of access to Belfast City Centre, as well as the wider motorway network. As a result, Glengormley is known as a popular commuter location with a significant residential population.
The property is situated in a prominent location on Church Road at the junction on the Antrim Road.
Close-by occupiers include Mortgage IQ, Ulster Property Sales and Copius Group Recruitment.
Travel Time From This Property
Important PlacesAdd your own important places to see how far they are from this property.
Agent Accreditations
Not Provided
