2 Distillery Brae, 151 Spencer Road,
Waterside, Derry / Londonderry, BT47 6AN
Retail
Price £435,000
Contact Lisney
+44 28 9050 1501
Property Overview
Status
For Sale
Style
Retail
Property Financials
Price
£435,000
Features
- Prominent & imposing building located adjacent to Derry Train Station
- Straddling Spencer Road, Distillery Brae and Simpsons Brae
- Potential for redevelopment (STPP)
- Gross income of c. £34,000 per annum
- Offers extraordinary views over the River Foyle
- Building of c. 13,350 sqft
- Sits on a plot of c. 0.157 acres
The subject property comprises a former bonded warehouse which previously housed a whiskey distillery and latterly a shirt factory.
We understand the property was constructed around the 1820s by James Robinson, taken over by the Meehan family and subsequently the Watt Family. Both the Tyrconnell and Inishowen Whiskey brands were produced in Distillery Brae at the time.
The property comprises a 4 storey split level building straddling Spencer Road, Distillery Brae and Simpsons Brae.
The property has been refurbished in parts over the last ten years to create a mixed use commercial and residential property.
Simpsons Brae
Accessed from Simpsons Brae, the ground floor comprises of an occupied retail unit.
Distillery Brae
The majority of the units are accessed from Distillery Brae and comprise of the following:
Ground floor
A large vaulted open plan space currently occupied by a gym.
First floor
Due to the split level nature of the building, although this floor is classed as first floor,
