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117-119 Collinward Avenue, Newtownabbey, BT36 6DZ

Investment Property (1,074.00 sqft) For Sale by Private Treaty
of

Price Offers in Excess of £125,000

Features

  • Rental income £8,400 p.a. exclusive
  • Self contained retail unit
  • Prominent location in a densely populated area
  • Property extends to c. 1074 sqft

Location

The subject property is located within an established residential area on the outskirts of Glengormley, c. 0.2 miles from main Antrim Road and c. 6.9 miles north of Belfast City Centre.

Full Description

Retail investment opportunity. Comprises a self-contained convenience store presently trading under the 'Vivio Essentials' brand. 

The property benefits from being located in a well established residential area which acts as a natural feeder for the current business operations.

Internally, the retail unit comprises open plan shop with tiled flooring, suspended ceiling and recessed lighting. Separate store and W.C facilities are provided within. 

Tenancy

The property is let on a 10 year lease from 6th April 2017 to MEA (NI) Ltd at a rent of £8,400 p.a exclusive. 

Rates

Net Annual Value: £6,600

Rates Payable 18/19: £3,978.50

EPC - D83

The property has an energy rating of D83.

Full certificates can be made available upon request. 

Title

Assumed long leasehold.

Asking Price

Offers in excess of £125,000 exclusive. 

Stamp Duty

If applicable, will be the responsibility of the purchaser.

VAT

All prices, outgoings and rentals are exclusive of, but may be liable to VAT. 

 

Viewing Details

Viewing by special appointment with the sole selling agent.

Accommodation

    c. 1,074 sq. ft.

Contact Details

Address: Montgomery House, 29-33 Montgomery Street, Belfast BT1 4NX
Telephone: +44-2890-501501 or you can also email us at property@lisney-belfast.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.