25-31 Church Street, Ballymena, Antrim, BT43 6DD

Sale Agreed Offers invited in the region of £95,000 Convert to EUR

Key Information

Property Type: Retail Price: Offers invited in the region of £95,000 Convert to EUR
Bedrooms: - Offer Status: Sale Agreed
Receptions: - EPC Rating: 98

For more information on this property call 028 9024 1500 or Email Agent

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Colliers International

4th Floor, Belfast, BT1 2LD

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    Features of this property

    • A prominent 3 storey property extending to c. 2,973.21 sq. ft. (276.22 sq. m.)
    • The property comprises of 2 no. separate retail units with offices on the first and second floor with own door access
    • Located in the Town Centre on one of the Towns popular retailing pitches
    • Total frontage approximately 12.9m
    • Partially occupied producing an income of c. £8,000 per annum
    • Offers are invited in the region of £95,000 exclusive

    Property Description

    The property comprises of a 3 storey mid terrace commercial property with accommodation extending to c. 2,973.21 sq. ft. (276.22 sq. m.). The ground floor consists of no. 2 separate retail units, one of which is currently occupied. Both retail units are finished with glazed shop fronts and electric roller shutters doors. The first and second floors consists of office accommodation with separate access onto Church Street.

    ACCOMMODATION (Approximate NIA)

    NO. 25 Ground Floor Retail: 72.57 sq. m. 781.14 sq. ft.

    NO. 27/31 First Floor Office: 111.28 sq. m. 1,197.00 sq. ft.
    Second Floor Office: 25.94 sq. m. 279.22 sq. ft.
    Total Office Space: 137.22 sq. m. 1,477.02 sq. ft.

    NO. 29 (Occupied) Ground Floor Retail: 66.43 sq. m. 715.04 sq. ft.

    RATEABLE VALUE
    We have been advised by Land and Property Services of the following:
    No. 25-27:Net Annual Value: £9,300 Rate in the £ 2017/18: £0.615350 Estimated Rates: £5,722.75
    No. 29:Net Annual Value: £7,050 Rate in the £ 2017/18: £0.615350 Estimated Rates: £4,338.22
    No. 31:Net Annual Value: £4,650 Rate in the £ 2017/18: £0.615350 Estimated Rates: £2,861.38
    Total Estimated Rates: £12,922.35

    LEASE (UNIT 29)
    Tenant: Sunny's Fast Food
    Term: 5 years Commencement date: May 2013
    Rent: c. £8,000 per annum
    Rates: Paid by Tenant

    VAT
    The prices quoted are exclusive but may be subject to VAT.

    PRICE
    Offers are invited in the region of £95,000 exclusive.

    TITLE
    Title and contract are available for inspection by appointment only via; Campbell & Caher, 24 Longstone Street, Lisburn, BT28 1TP
    Contact: Peter Prenter
    Tel: 028 9267 2644
    Email: law.campbellandcaher.co.uk

    FURTHER INFORMATION
    For further information please contact:
    Contact: William Knox
    Tel: 028 9024 1500
    Email: william.knox@colliers.com

    Location of 25-31 Church Street, Ballymena

    Ballymena has the population of c. 29,467 people and is considered one of Northern Ireland's leading retail locations. The Town has an excellent road network with Belfast, Antrim, Coleraine and Londonderry all easily accessible. The location benefits from good parking provision with a combination of on-street and paid display parking located nearby. Ballymena bus/train station is located 0.5 miles from the property granting easy access to the commuter. The subject property is located within a well established retailing area. The units have frontage onto Church Street of c.12.9 m. Surrounding occupiers include Barclays Bank, Woodsides Pharmacy, McKillen's Department Store and Ballymena Town Hall. The Tower Centre and Fairhill Shopping Centre are also in close proximity.

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