- Fully let mixed use investment opportunity comprising Café and adjoining four bedroom residential dwelling
Whitehead is a small seaside town that sits at the entrance to Belfast Lough and is located between the towns of Carrickfergus and Larne.
The town is a popular commuter settlement for Belfast and its attractiveness in this regard has increased with the completion of the newly dualled Shore Road connecting Belfast to Carrickfergus.
Tourism in the town has also increased significantly over the past number of years, with the opening of the Gobbins Cliff Path Walk and Visitor Centre, and the increasing popularity of the Antrim Coast and Glen scenic route.
The town is also situated close to many of the Game of Thrones locations that include Magheramore Quarry, some 5.5 miles away which has been ever popular with tourists.
The property is located within close proximity to Whitehead Railway Museum, the seafront and Whitehead Promenade, as well as a number of boating and sailing clubs. The seafront and promenade are both popular with tourists particularly during the summer months.
The subject property occupies a prominent position on the corner of the Kings Road and Cable Road within the town centre, being situated in a popular residential area and commercial hub of the town.
See attached brochure for further details
The residential dwelling is currently let for a term of 3 years at £600 per month (totalling £7,200 per annum).
The café is currently let for a term of 3 years at £14,300 per annum.
PRICE: Offers in the region of £270,000
TITLE: Assumed to be held by way of freehold
We are advised by the Land and Property Service that the NAV / capital values are as follows:
1 Kings Road ( Residential) Capital Value £180,000
1A Kings Road (Café) NAV £2,850
All prices, outgoings etc are exclusive of, but may be subject to VAT.
© OKT 2013