Carrickfergus is situated on Belfast Lough and is one of the oldest towns in Ireland. The town lies approximately 11 miles north east of Belfast and is accessed via the A2 and M5 motorways.
Market Place is located in the main commercial/retail core of Carrickfergus and forms part of the pedestrianised retail area. Market Place is considered the focal point of the town centre and North Street is a pedestrianised laneway linking Market Place to Antrim Street.
The subject property has frontages to both Market Place and North Street together with car parking at the rear. The property fronting Market Place is a three storey mid-terrace property with 2 ground floor retail units, 2 upper floors and ancillary storage/office accommodation. The ground floor retail units are occupied by Boots Pharmacy and Ollies Coffee Shop.
The properties in North Street comprise 2 mid-terrace 3 storey buildings which are boarded up and vacant.
Site area 0.277 acres 1,123 sq m
3 Market Place
GF Retail Unit (Boots) 1,753 sq ft 162.86 sq m
GF Retail Unit (Ollies) 704 sq ft 65.40 sq m
GF Office (Castle Finance) 639 sq ft 59.36 sq m
3-5 Market Place
FF Offices (N.Greeves) 321 sq ft 29.82 sq m
FF Offices (Front) 828 sq ft 76.92 sq m
FF Offices (Rear) 1,144 sq ft 106.28 sq m
FF Offices - Derelict 1,250 sq ft 116.13 sq m
2F Offices 801 sq ft 74.41 sq m
Car park to rear
4-8 North Street
2 x 3 Storey buildings - Vacant
Site area approximately 2,500 sq ft 232.26 sq m
A brief schedule of the current tenants within the building and their Lease terms are as follows :-
TENANT UNIT LEASE TERM RENT COMMENTS
Boots UK GF Shop 10 year Lease from date of sale £15,000 pax Tenant break options at year 3 &5
Cheryl Watson t/a
Ollies Coffee Shop GF Shop 5 years from 29.05.15 £8,400 pax
Castle Finance GF Office Over-holding £2,500 pax In occupation since 1998
N. Greeves Solicitor FF Office Over-holding £1,000 pax In occupation since 1989
Total rental income is currently £26,900 pax
TOWNSCAPE HERITAGE INITIATIVE
The subject property has been identified by Carrickfergus Townscape Heritage Initiative as a property which may be eligible for grant funding. Further information available upon request.
Title - Freehold or long leasehold subject to a nominal ground rent.
Price - Offers in the region of £295,000
Prices, outgoings and rent do not include VAT which may be chargeable.
Strictly by appointment through Campbell Cairns (Tel: 028 9024 9024).
ENERGY PERFORMANCE CERTIFICATE
Ground Floor - Boots - C60
Ground Floor - Ollies Cafe - D85
First Floor Front Office - F145
First Floor Rear and Second Floor Offices - F12