88-90 Newry Street & 1 Old Kenlis Street, Banbridge, County Down, BT32 3HE

From

£140,000

Typical Mortgage

per month

Contact Agent

Shooter Property Services

Description & Features

High Profile Premises on Newry Street and Old Kenlis Street

A rare opportunity to acquire a prominent premises on Newry Street, Banbridge. The property enjoys return frontage on to Old Kenlis Street and occupies an excellent site on the prime retail pitch of Banbridge. Comprising three self contained premises - 1 Old Kenlis Street, let to a cake shop, 88 Newry Street, a vacant former hairdressers and 90 Newry Street, a 3 bedroom flat in need of refurbishment. This represents an excellent investment and redevelopment opportunity, early viewing comes highly recommended.

High profile commercial building on Newry Street with return frontage on to Old Kenlis Street, Banbridge
The lot comprises two ground floor retail units and a 3 bedroom residential flat over 1st and 2nd floors - in need of refurbishment
88-90 Newry Street available with vacant possession
1 Old Kenlis Street is currently let and producing a rental income of £240 pcm

Room Measurements

Ground Floor - 88 Newry Street: 33 sqm main sales area 10 sqm staff kitchen Rear concrete yard with external W.C and access on to Old Kenlis Street
1st & 2nd Floor Flat - 90 Newry Street: First Floor - Comprising landing, lounge, kitchen, bedroom and shower room Second Floor - Comprising landing, 2 x bedrooms
1 Old Kenlis Street: Main sales area circa 20 sqm. Rear kitchen and W.C 11.5 sqm Electrical heating, laminate wood flooring, glazed shop front with electric roller shutter door.
Rates (estimated for year 2022/23): 88 Newry Street - £2,566 per annum 90 Newry Street - £596 per annum 1 Old Kenlis Street - £938 per annum
Vendor's Solicitor: Ms Hilary Dobson Gillen & Co. Solicitors 3 Old Kenlis Street Banbridge BT32 3BD
Energy Performance Certificates: 88 Newry Street - C72 90 Newry Street - G8 1 Old Kenlis Street E108