For Sale

117-119 Collinward Avenue, Newtownabbey, County Antrim , BT36 6DZ

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Investment

Location of 117-119 Collinward Avenue

The subject property is located within an established residential area on the outskirts of Glengormley, c. 0.2 miles from main Antrim Road and c 6.9 miles north of Belfast City Centre.

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features

  • Self Contained Retail Unit
  • Prominent location in a densely populated area
  • Property extends to c.1,074 sq.ft
  • Rental income £8,400 p.a exclusive.

description

The subject property comprises a self-contained convenience store presently trading under the ‘Vivo Essentials’ brand.

The property benefits from being located in a well established residential area which acts as a natural feeder for the current business operations.

Internally the retail unit comprises open plan shop with tiled flooring, suspended ceiling and recessed lighting. Separate store and W.C facilities are provided within.

Tenancy

The property is let on a 10 year lease from 6th April 2017 to MEA (NI) Ltd at a rent of £8,400 p.a exclusive. 

Rates

Net Annual Value: £6,600

Rates Payable 18/19: £3,978.50

EPC - D83

The property has an energy rating of D83.

Full certificates can be made available upon request. 

Title

Assumed long leasehold.

Asking Price

Offers in excess of £115,000 exclusive. 

Stamp Duty

If applicable, will be the responsibility of the purchaser.

VAT

All prices, outgoings and rentals are exclusive of, but may be liable to VAT. 

Viewing Details

Viewing by special appointment with the sole selling agent.

Accommodation

c. 1,074 sq. ft.

Property Costs

  • Status: For Sale
  • From£115,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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