For Sale

255 Castlereagh Road, Belfast, Antrim, BT5 5FL

Asking Price

£109,950

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Investment

Location of 255 Castlereagh Road

Situated on the Castlereagh Road.

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features

Located in a densely populated residential area, with nearby occupiers including Tescos, Russells Cellars, Gordons Chemist, and a vast array of independent retailers
Self-contained commercial ground floor premises
This property has a first floor apartment with a long term sitting tenant, it comprises of a living room, kitchen, bedroom, and bathroom with shower
Car parking to the front of the premises
Approximate annual gross rental yield of 9.5%

description

Excellent investment opportunity with commercial property and residential above occupying a prominent position on the Castlereagh Road in the heart of East Belfast. Both commerical and residential premises have tenants in place which, combined, offers an approximate annual gross yield of 9.5%.

This location affords excellent access to Belfast City Centre, and County Down as well as the motorway network and Forestside Shopping Centre via the Knock Dual Carriageway. As a result, this is a popular commuter location with a significant residential population which benefits from close proximity to Ballyhackmore, Belmont, and the Woodstock and Cregagh Roads. Castlereagh Road itself is one of the main arterial routes from the east of the city with high volumes of both vehicular and pedestrian passing traffic.

**With sitting tenants in place**