Unit 34, Springtown Industrial Estate, Balliniska Road, Derry BT48 0LY

Additional Information

FOR SALE on the instructions of Gregg Sterritt of RSM McClure Watters acting as Fixed Charge Receiver

WELL PROPORTIONED INVESTMENT PROPERTY

LOCATION & DESCRIPTION

This well finished property is being sold as an investment, with the benefit of the ongoing lease to the nursery as shown opposite.

Highly accessible Springtown location, off the Balliniska Road, just a short distance from the City Centre.

Subject Lease Details :
Demise : Units 1 & 2
Tenant: Wee Bears Day Nursery
Term: 5 yrs from 16th August 2008
Rent: £60,000 per annum
User: Day Nursery
Repair: Tenant to pay for repairs,
maintenance and cleaning
directly / via service charge.
Building Insurance: Landlord pays
Gross Internal Area described in the lease as 9,000 sq ft across the 2 units - now extensively fitted out for the tenants use requirements

ACCOMMODATION

Please refer to our brochure for accommodation details

SALE DETAILS

Price: open to offers
Title: Assumed long leasehold or freehold equivalent

NAV
We are advised by the valuation and lands agency the the current NAV is
UNIT 1 - Day nursery - £20,300
Unit 2 - Indoor Adventure Playground - £12,700

VIEWING / FURTHER INFORMATION - Please contact Henry Taggart (henry.taggart@okt.co.uk) or Michael Burke (michael.burke@okt.co.uk) on 02870344244