Carnbane East Industrial Estate, Newry, BT35 6QH
Offers Over £2,800,000
Property Overview
Status
For Sale
Style
Commercial / Industrial
Property Features
Energy Rating
Property Financials
Price
Offers Over £2,800,000
INVESTMENT HIGHLIGHTS
Attractive commercial investment opportunity producing £186,385.75 per annum, exclusive.
Fully let to a strong mix of national and regional covenants including Screwfix, Bassetts, Fyfes, Johnstone’s Decorating Centre and PTS.
Established trading location within one of Newry’s busiest business parks.
Offers secure income stream with excellent tenant retention history.
Asset Management Opportunities – Potential for future rental growth at rent review/ lease expiry and opportunities to re-gear leases to extend security of income.
Seeking offers in excess of £2,800,000 exclusive, reflecting a net initial yield of c. 6.42%, after purchaser’s costs.
DESCRIPTION
The subject comprises a modern and well-established business park positioned on a prominent roadside frontage.
The scheme has been sub-divided into five showroom/trade counter units, all occupied by established tenants.
Units benefit from modern construction, open-plan layouts, excellent servicing arrangements, and customer parking.
The property’s design and tenant mix create a well-balanced and income-secure investment asset.
LOCATION
Strategic cross-border location – Newry is a thriving commercial centre positioned midway between Belfast and Dublin, benefitting from excellent connectivity by road and rail.
Carnbane East Industrial Estate is accessed off the A28 (Custom Station Roundabout) via Carnbane Way, approximately 2 miles from Newry City Centre.
The estate has become a hub for trade counter, distribution and showroom operators, drawing strong footfall and consistent occupier demand.
This prominence ensures long-term resilience and investor confidence.
Cross-Border Advantage – Newry’s strategic position between Belfast and Dublin underpins consistent demand and long-term investment appeal.
For further details please see attached brochure or to arrange viewing please contact Ryan McKenna on 02890 500100
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