O'Connor, Kennedy, Turtle

7 – 9 Main St, Parkgate Templepatrick, County Antrim, BT39 0DG

Ref: 8464 for sale
Key Features
  • Prominent Mixed Use Village Centre Investment Opportunity Producing £35,592 per annum

in the region of £350,000.00

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.

Accommodation

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)

Lease Details

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
Term: Overholding

7b Main Street (Private Client)
Rent – £4,200
Term: Overholding

TOTAL – £35,592 p.a.

Sales Details

PRICE – Offers around £350,000
TITLE – Assumed to be held by way of freehold title

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.


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