For Sale

Braidwater Retail Park, Larne Link Road, Ballymena, BT42 3AG

Offers in the region of

£4,500,000

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Added 2 Weeks Ago
Investment
B 43
EPC Rating

Location of Braidwater Retail Park

Ballymena is one of Northern Irelands leading provincial towns, approximately 28 miles north of Belfast and 26 miles south of Coleraine. The town is served by the M2 motorway from Belfast and is on the Belfast to Coleraine railway line. Belfast International Airport is approximately 16 miles away and George Best Belfast City Airport is 30 miles from the town centre. Ballymena has a population of 65,000 people and a catchment of circa 150,000 persons. Braidwater Retail Park is situated on the edge of Ballymena town centre on the Larne Link Road, the main arterial route leading to the town centre and M2 motorway. Larne Link Road is a thriving business and retail catchment area that is home to many retailers, leisure operators and car dealerships. Immediate surrounding occupiers include The Range, Smyths Toys, Harry Corry and Sainsburys. Braidwater Retail Park also is in close proximity to the IMC Cinema, Costa Coffee, KFC, Dunelm Mill and a Tesco Superstore.

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  • features
  • description

features

  • Ballymena is one of Northern Irelands leading provincial towns and one of the top 5 retail locations within Northern Ireland
  • Braidwater Retail Park is an open class one consented park situated on the edge of Ballymena town centre with extensive frontage onto Larne Link Road
  • The scheme has excellent access and benefits from substantial traffic flow
  • Total accommodation of 60 465 sq ft
  • Virtually fully let with an excellent letting history
  • Tenants include Poundstrecher, B&M Bargains, Currys PC World, Poundland, Pets at Home and Dreams
  • WAULT of 3 62 years to expiry and 1 66 years term certain
  • ? The scheme benefits from c 171 free car parking spaces
  • Gross income of 514 391 per annum and a net income of 471 535 per annum
  • The property is held predominantly freehold with part held long leasehold with 979 975 years remaining at a peppercorn rent

description

Braidwater Retail Park was constructed in circa 1994/95 and is located on the edge of Ballymena town centre.

The scheme consists of seven units ranging form 6,300 - 10,200 sq ft in size. The property provides total accommodation of 60,465 sq ft of open class retail warehousing.

Tenants include Poundstrecher, B&M Bargains, Currys PC World, Poundland, Pets at Home and Dreams.

Access is easily facilitated in all directions via the Larne Link Road. The car park provides c 171 free spaces.

Property Costs

  • Status: For Sale
  • Offers in the region of£4,500,000
  • 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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