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For Sale

3-5 Market Place & 4-8 North Street, Carrickfergus, Antrim, BT38 7AW

Offers in the region of

£295,000

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Retail

Location of 3-5 Market Place & 4-8 North Street

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description

LOCATION

 

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.

 

DESCRIPTION

 

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.

 

ACCOMMODATION

 

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

 

TENANCIES

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.

 

TENURE

Title - Freehold or long leasehold subject to a nominal ground rent.

Price - Offers in the region of £295,000

 

 

VAT

Prices, outgoings and rent do not include VAT which may be chargeable.

 

VIEWING

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

Property Costs

  • Status: For Sale
  • Offers in the region of£295,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer here for more information.

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Campbell Cairns
3rd Floor

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