Situated only a few minutes walk from City of Derry Airport, just off the new A2 route, makes for very good accessibility and ease of direction, c. 8 miles to Derry City and c. 12 miles to Limavady.
The industrial yard benefits from various access gates off the Estate Road and the potential to further sub divide for open storage or future development is obvious (Subject to Planning).
The historic WWII Hangar is still in use for manufacturing and can be incorporated into purchaser’s plans for refurbishment or as a platform toward securing a redevelopment scheme going forward at planning.
The modern office block in place is well maintained and ideal for a range of business users.
Suitable for continued manufacture, storage, distribution etc. There is a 3 Phase electrical supply to the property.
NOTE – There is an overholding lease to a Telecoms mast currently paying c. £4,000 pa
Please refer to attached brochure
TITLE: Assumed leasehold, subject to nominal ground rent or freehold.
PRICE: Offers Around £275,000
CLOSING DATE: Thursday 3rd March 2022 @ 12.00 Noon
NAV / Capital Value
From our review of the Land and Property Service online website, the NAV for the subject property is £13.030
The commercial rate in the pound for 2021 / 2022 is £0.588537
Please note that all perspective tenants should make their own enquiries to confirm the NAV / rates payable.
All prices, outgoings etc are exclusive of, but may be subject to VAT.