For Sale

57 Main Street, Newcastle, County Down, BT33 0AD

Offers Around

£375,000

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Retail
C 71
EPC Rating

Location of 57 Main Street

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description

EXCELLENT RETAIL PREMISES WITH SPACIOUS APARMENT AND LARGE COMMERCIAL PREMISES TO REAR

This substantial property occupies a prominent location on the town’s Main Street and comprises a mid terrace 3-storey property providing retail accommodation on the ground floor and residential accommodation on the upper floors.  

To the rear, with access from Valentia Place, there is a 2-storey commercial unit, currently used as storage, but suitable for alternative uses (subject to any necessary consents).

 

Location

Newcastle is a premier seaside town of Northern Ireland, with buoyant tourism and leisure industries.  The town is located about 30 miles from Belfast and 25 miles from Lisburn and Newry. The property is located on the Main Street, within the town’s main retail core.  Neighbouring occupiers include Great Jones Restaurant, Wadsworths, First Trust Bank, Superdrug and DV8, and a variety of established local businesses.

 

Description

The property comprises a substantial three story building which currently provides retail accommodation on the ground floor, with a three bedroom self contained apartment on the upper floors. The two storey commercial premises to the rear benefit from vehicular access from Valentia Place.

 

Accommodation

The property has been measured in accordance with the RICS Code of Measuring Practice, all areas being net internal and approximate:

Retail Sales : 1005 sq ft (93.5 sq m)

Stores : 589 sq ft (55 sq m)

Office and Kitchen :     81 sq ft (7 sq m)

Commercial Premises To Rear (2-storey) : 1200 sq ft (112 sq m)

 

Apartment:

Entrance Porch   Tiled flooring, cornicing.

Hall   Cornicing.              

Living Room   21’1” x 17’1” (6.4m x 5.2m) - Feature fireplace with tiled inset and hearth, bay window.

Kitchen   17’1” (5.2m x 3.35m) - High and low level units, laminate worktops, stainless steel sink unit, plumbing for washing machine.

No. 1 Bedroom   17’0” x 11’0” (5.18m x 3.35m)

No. 2 Bedroom   12’9” x 12’0” (3.88m x 3.65m)

No. 3 Bedroom   18’0” x 13’0” (5.48m x 3.96m)

No. 4 Bedroom/Study   10’” x 7’0” (3.0m x 2.1m)

Showerroom   Shower cubicle, vanity unit, tiled flooring.

WC   Tiled flooring.

 

Title

We have been advised the property is held under a 200 year lease from 1st May 1885.

 

Rates

We have been advised by the Land and Property Services website of the following Net Annual Value (NAV) information:

No. 57: N.A.V: 14,200.00.   The annual rates for 2019/2020 are £8,271.54.

No. 57A: CV: £70,000. The annual rates for 2019/2020 are £592.69

 

Viewing

Strictly by appointment with Selling Agent.

Property Costs

  • Status: For Sale
  • Offers Around£375,000
  • 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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in association withUlster Bank
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Contact Agent

Lindsay Graham
16 Main Street

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