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Rental Opportunity in Larne
Commercial Units x 4 – Residential Apartments x 5
Located In a Pedestrian Zone
New Hotel to be Developed in Locality
Potential Income £ 3,000+ pcm
EPC Certificates for All Properties.
The properties are on a pedestrian street in Larne and comprise of 4 ground floor lock-up shops, 4 x 1 Bed apartments and a 2 Bed apartment on the first floor and adjacent to a NEW Luxury Hotel being developed by MBA Inver Investments, on the corner of Dunluce Street and Bridge Street.
Of the commercial units on the ground floor, 2 are currently occupied by a charity shop and hairdresser. The other two will require upgrading but all have roller shutters and rear access to the street.
On the first floor and accessed from the communal hall between No’s 13 and 11 are two apartments which are currently tenanted. The apartment with aspect to the front comprises of a spacious lounge-kitchen-dining, 2 bedrooms and a bathroom. The apartment with aspect to the rear comprises of a spacious lounge-kitchen-dining, 1 bedroom and a bathroom. The apartments have Economy 7 heating and double glazing.
The other 3 apartments are 1 Bed's and are accessed by a communal door between No’s 7 & 9 Dunluce Street by a staircase to a landing. All the apartments have a lounge-kitchen, bedroom and bathroom with Economy 7 heating, double glazing and fire escapes to the rear alleyway. The apartments are vacant and will require upgrading.
Potential income from 4 commercial units £400/pcm £1,600pcm;Potential income from 5 apartments £ 300/pcm £1,500pcm
Mid and East Antrim Borough Council, in collaboration with the Department for Communities, has launched the Town Centre Property Repurposing Pilot Grant Scheme.
In order to apply for the scheme, total costs must be in excess of £10,000, with applicants contributing at least 50 per cent match funding towards the project. Whilst there is no maximum total project cost, the scheme will provide funding up to a maximum of £30,000 per project
Status: For Sale
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.