Commercial Investment Potential / Refurbishment Opportunity
Potential to Generate c. £5,000 Per Annum
(Subject to Lease of Ground Floor)
Strabane is situated within the Country of Tyrone in the north west of the Province, on the border with the Republic of Ireland. It is located approximately mid way between the town of Omagh and the City of Derry, approximately 15 miles from each settlement. The town has a resident population of approximately 40,000 as estimated June 2014, and is part of the Derry and Strabane District Council.
The subject building is located on the popular Abercorn Square Strabane. The unit comprises of ground floor office space with two further floors which are currently being used as storage.
Viewing by appointment only to suit the occupant's ongoing business.
Accommodation
Please refer to brochure
Sales Details
PRICE:£55,000
TITLE:Assumed Freehold or Long Leasehold
LEASE BACK :The vendors are willing to take a 3 year lease of the ground floor, if this is of interest to a purchaser paying c. £5,000 per annum
NAV / Capital Value
We are advised by the Land and Property Service that the current NAV for the subject is: £7,800
The commercial rate in pound is £0.620831
Note - LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.
VAT
All prices quoted are exclusive of VAT
Listed Features
- Office
- Storage
- Refurbished