73 Main Street, Strabane, Tyrone, BT82 8AU

For Sale From £450,000 Convert to EUR

Key Information

Property Type: Investment Price: From £450,000 Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: -

For more information on this property call 028 9023 3111 or Email Agent

Contact the Agent

Frazer Kidd

Telfair House, Belfast , BT1 4PB

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    Features of this property

    • The property is located in a prime position at the corner of Main Street and Castle Place, Strabane.
    • Situated in a popular retailing location within close proximity to well-known brands such as Santander, Boots, O2, Subway and B&M etc.
    • A purchase at the asking price represents a Net Initial Yield of 7.47%, after allowing for purchaser's costs of 4.13%.
    • Caffe Nero trade from in excess of 650 stores throughout the UK and also have a presence in the US, Turkey and Poland.
    • EPC Rating to be confirmed.

    Property Description

    Prime investment property, let to Nero Holdings Limited t/a Caffe Nero at a current rent of £35,000 per annum, on a lease not due to expire until May 2027 (no tenant break).

    The property comprises of a high profile corner building trading as a coffee shop at ground floor level with storage and staff facilities above.

    Location of 73 Main Street, Strabane

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    Contact the Agent

    Frazer Kidd

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