6, Bridge Street, BT28 1XY

Fully Let Commercial Investment Opportunity of c. 1,649 sq ft

Lisburn is Northern Ireland's second largest city and is located c. 9 miles south of Belfast in close proximity to the M1 motorway providing links to both Belfast and Dublin.

The subject property is located on Bridge Street in close proximity to Market Square and the pedestrianised Bow Street and Bow Street Mall shopping centre.

The subject comprises a modern three storey mid terrace building of brick / blockwork construction with a pitched slated roof and painted render elevations.

Internally the property provides well apportioned reception area, open plan office and 2 no. private offices on ground floor level with 1 no. cellular office, kitchen and WC facilities on the first floor and second floor storage. The accommodation is finished to a good standard throughout to include painted / plastered walls, carpeted floor covering, suspended ceilings, recessed fluorescent lighting, air conditioning and glazed timber frame shop front.

Neighbouring occupiers include, Reids Shoes, Paparazzi of Lisburn and Irish Linen Centre Museum.

Accommodation

GROUND FLOOR

Retail / Office - c. 114 sq m (1,224 sq ft)

FIRST FLOOR

Office - c. 13 sq m (131 sq ft)

Kitchen - C. 4 sq m (44 sq ft)

SECOND FLOOR

Storage - c. 23 sq m (248 sq ft)

TOTAL - c.154 sq m (1,647 sq ft)

Sales Details

PRICE: Offers in the region of £125,000

TITLE: Assumed Freehold

YIELD: A purchase at this level would equate to a gross yield of 10%

NAV / Capital Value

We are advised by the Land and Property Service that the current NAV for the subject is £10,500.

The commercial rate in the pound for 2019 / 2020 is £0.566722

VAT

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