For Sale

24 Upper Water Street, Newry, Down, BT34 1DJ

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Location of 24 Upper Water Street

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  • features
  • comprises
  • description

features

  • Ground Floor Retail Unit circa 550 sq ft / 51 sqm Let To Local Retailer with £6,000 p.a Passing Rent
  • Two Recently Refurbished Apartments to First and Second Floors with Estimated Rental Value of c. £10,200 p.a
  • High Profile Location
  • Convenient to Public Car Parking
  • PVC Double Glazed
  • Electric Roller Shutter to Retail Unit
  • Separate Alleyway to Apartments

comprises

Retail Unit
Electric roller shutter, tiled floor, suspended ceilings with fluorescent and spot lighting. W.C. Staff kitchen.
Apartment One
Entrance Hall
Carpet floor. Cloakroom.
Kitchen/Diner 3.99m x 2.19m (13' 1" x 7' 2")
Range of high and low level units incorporating stainless steel drainer sink, electric oven, vinyl floor.
Lounge 3.99m x 3.43m (13' 1" x 11' 3")
Carpet floor.
Bedroom One 3.73m x 3.28m (12' 3" x 10' 9")
Carpet floor.
Bathroom 2.22m x 1.75m (7' 3" x 5' 9")
White suite comprising W.C, pedestal wash hand basin and panel bath. Vinyl floor.
Apartment Two
Entrance Hall
Carpet Floor. Cloakroom.
Kitchen/Diner 3.99m x 2.19m (13' 1" x 7' 2")
Range of high and low level units incorporating stainless steel drainer sink, electric oven, vinyl floor.
Lounge 3.99m x 3.43m (13' 1" x 11' 3")
Carpet floor.
Bedroom One 3.73m x 3.28m (12' 3" x 10' 9")
Carpet floor.
Bathroom 2.22m x 1.75m (7' 3" x 5' 9")
White suite comprising W.C, pedestal wash hand basin and panel bath. Vinyl floor.
Note
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by a person within and/or connected with Shooter Property Services.

description

High Yielding Investment Opportunity - Retail Unit plus Two Apartments

Superb investment opportunity in a high profile City Centre location in Newry. The property offers a high yield potential (in the region of 12%) by way of a let retail unit to ground floor, and two residential apartments to first and second floors, ready for letting. Upper Water Street enjoys a high level of both pedestrian and vehicular traffic and is located in an area that has enjoyed considerable investment in recent years.

Property Costs

  • Status: For Sale
  • From£140,000
  • 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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