89B Mill Street, Newtownards, BT23 4LW

Offers Around

£129,500

Typical Mortgage

per month

Commercial Property

Contact Agent

Ulster Property Sales (Newtownards)

Description & Features

Previously rented at £950 per month, this property offered an excellent return of nearly 9% yield.
The property also offers development potential, subject to necessary approvals. A planning application has been submitted for four apartments.

LA06/2022/0327/F - Demolition of existing building and associated yard walls. Erection of 4no. apartments comprising two 1.5 storey blocks, with associated parking and landscaping.

Detached Commercial Garage/Workshop Close To Newtownards Town Centre
Development Potential With An Application Submitted For Four Apartments
Previously Rented for £950 Per Month With A Return Of Nearly 9% Yield
Enclosed Yard With Roller Door And Space For A Number Of Vehicles
Storage Room And Office/Kitchen Space
Ideal Premises For Anyone In The Car Industry

Room Measurements

Accommodation Comprises:
Garage/Workshop 7.59m x 9.82m (24' 11" x 32' 3"): Tiled floor, space for work benches, roller door, space for a number of vehicles.
Office/Kitchen 3.52m x 2.99m (11' 7" x 9' 10")
Storage Room 2.33m x 2.79m (7' 8" x 9' 2"): Space for storage and shelving.
W/C: Plumbed for wash hand basin, low flush w/c and tiled floor.
Enclosed Yard: Roller door, space for three or four vehicles.