For Sale

51 Comber Road, Dundonald , BT16 2AA

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Investment

Location of 51 Comber Road

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features

  • Dundonald is a large commuter village located approximately 5 miles east of Belfast City Centre and 4 miles west of Newtownards.
  • Prime mixed-use commercial and residential investment opportunity situated within Dundonald (Business unaffected).
  • The property is located within a busy parade of commercial premises, and directly opposite Café Nosh and a Vivo Convenience Store with a PFS.
  • The ground floor is fully let to A.& F.A. Dundee Limited (trading as MediCare) at a current rent of £24,000 per annum from 31st May 2007 to 30th May 2032 (approx. 11 years unexpired).
  • MediCare is the largest indigenous pharmacy group in Northern Ireland, currently operating from 53 high volume retail pharmacies and employs over 550 staff, including 100 pharmacists.
  • The 1st floor 2-bedroom apartment is currently let producing £3,300 per annum, however we are of the opinion that the property is under-rented.
  • Nearby occupiers include, Spar, Corries Meats, and the Ulster Hospital.

description

Property investment and residential opportunity situated in a prime location in Dundonald (Business unaffected).

The subject property comprises a two storey mid-terrace building. The ground floor comprises a retail premises currently let on lease to MediCare and first floor comprising a 2-bedroom residential apartment. 

Property Costs

  • Status: For Sale
  • From£380,000

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Frazer Kidd
Telfair House

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