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GF Commercial Units
1st & 2nd Floor Apartments
Apartments in Good Condition
Close to Town Centre
Potential Yield of £ 27,000pa (Gross)
We are pleased to offer this mixed commercial/apartment property, close to the centre of the busy town of Portadown which provides an opportunity to simply rent as is with a potential of £27,000 Gross Yield/annum or redevelop/extended to the rear.
Ground floor comprises of:
1.Hot food take-away restaurant currently occupied rent £ 160pw - £8,320 on 10-year lease close to termination. 2.2.4m wide commercial unit, previously a Taxi office with waiting room- corridor, small office and toilet at the rear estimate 14m deep. Currently vacant
Upper floors comprise of:
A separate entrance off West Street, to a staircase leading to half-landing with 2 bathrooms and access to the fire escape in to the rear yard. From the first-floor land to the left hand side, an apartment with kitchen-lounge-dining area and aspect the front, with a small bedroom to the rear with ensuite. From the landing to the right, a 2 room apartment, comprising of a kitchen/living to the front and bedroom to the rear and use of one of the bathrooms on the half-landing.
The second floor mirrors the first floor. The apartments all have GFCH and uPVC Double Glazing.
Large rear yard with access on to Little West Street car park.
There is a substantial rear yard, which could permit development of this space to make both the apartment accommodation more appealing as well as ground floor retail.
Status: For Sale
Auction Guide: £215,000
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.