- Prominent Mixed Use Village Centre Investment Opportunity Producing £35,592 per annum
Parkgate is a poplar commuter village located in Co Antrim, approximately 12 miles north west of Belfast and only a short distance from Templepatrick. Dunadry, Ballyclare, Doagh and Belfast International Airport are all within easy commute and the village, being situated only c. 1½ miles from the Templepatrick junction of the M2 motorway, provides unrivalled province–wide access.
The investment opportunity comprises a two storey property situated within the centre of the village. The property comprises of two ground floor hot food units and two upper floor flats.
The ground floor hot food / retail units are occupied by a chip shop and Chinese takeaway and the upper floor which is accessed via a communal entrance, provides a 2 bedroom flat and a single bedroom flat.
Externally the investment benefits from off street parking to the front elevation.
7 MAIN STREET – CHINESE TAKEAWAY – 52 sq m (562 sq ft)
9 MAIN STREET – CHIP SHOP – 96 sq m (1,034 sq ft)
7A MAIN STREET – 2 BED FLAT – 54 sq m (584 sq ft)
7B MAIN STREET – 1 BED FLAT – 39 sq m (416 sq ft)
TOTAL – 241 sq m (2,596 sq ft)
7 Main Street (Happy Village Chinese)
Rent – £13,200
Term – Overholding
9 Main Street (The Chip Shop)
Rent – £13,992
Term – New 3 year lease agreed from 1 April 2019
7a Main Street (Private Client)
Rent – £4,200
7b Main Street (Private Client)
Rent – £4,200
TOTAL – £35,592 p.a.
PRICE – Offers around £350,000
TITLE – Assumed to be held by way of freehold title
All prices, outgoings etc are exclusive of, but may be subject to VAT.
© OKT 2013