11 & 11A Regent Street, Newtownards, Down, BT23 4AB
£175,000
Description & Features
Location/Description
Newtownards is one of Northern Irelands leading provincial towns, located 10 miles east of Belfast. The subject is prominently positioned close to Conway Square which is the main retail area in Newtownards. It benefits from a high level of passing pedestrian footfall. Nearby occupiers include the Post Office, Bus Depot, Boots and Gordons Chemists.
Site frontage of 23 feet and depth of 65 feet.
11 Regent Street
Retail Area (470 sq ft) - Ground floor retail unit with lavatory to the rear. Benefits from an electric roller shutter.
Rateable Value - £4,050 (£2,194 payable for 2023/24)
11A Regent Street
Cafe (615 sq ft) - Currently fitted out as a cafe with kitchen/prep area and seating. Lavatory and stores to the rear. Electric roller shutter.
First Floor (1,000 sq ft) - Large open plan office space with lavatory and stores.
Rateable Value - £7,550 (£4,090 payable for 2023/24)
Title
We are advised the property is held under freehold.
VAT
We understand the property is not liable to VAT.
Proposal
We are seeking offers in the region of £175,000 (One Hundred and Seventy five Thousand Pounds), subject to contract.
- VACANT COMMERCIAL PROPERTY
- PRIME LOCATION ON REGENT STREET BESIDE THE QUEENS HALL
- APPROX. 3,000 SQUARE FEET OF TOTAL FLOOR AREA
- TWO GROUND FLOOR UNITS (COULD BE AMALGAMATED)
- LARGE OPEN PLAN FIRST FLOOR OFFICE SPACE
Housing Tenure
Type of Tenure
Leasehold
Ground Rent
Not Provided
A review period for ground rent has not been provided
Service Charge
Not Provided
A review period for service has not been provided
Length of Lease
Not Provided
Location of 11 & 11A Regent Street
Energy Rating
Current Energy Rating
Costs to Consider
Rates
Not Provided
Stamp Duty
£0*
Ground Rent
Not Provided
Service Charge
Not Provided
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