11-14 Rathenraw Industrial Estate

FOR SALE

REVERSIONARY INVESTMENT OPPORTUNITY

11-14 RATHENRAW INDUSTRIAL ESTATE, ANTRIM, BT41 2SJ

LOCATION

Rathenraw Industrial Estate is a long-established and well-maintained commercial hub on Greystone Road, approximately 1.5 miles from Antrim town centre. The surrounding area is home to a broad range of industrial, manufacturing, warehousing, distribution, trade and service occupiers, providing an established business environment with a strong commercial profile. The estate benefits from excellent road links approximately 0.7 miles from the M2 motorway, with convenient access to Belfast, Ballymena and the wider Northern Ireland road network.

DESCRIPTION

The estate comprises a varied mix of purpose-built industrial and warehouse accommodation, generally arranged in terraces offering units of two different sizes. Buildings are predominantly of steel frame construction with profiled metal-clad elevations and pitched roofs, offering practical, flexible space suitable for storage, distribution, manufacturing, or workshop.

ACCOMMODATION

The following approximate areas have been calculated as:

Unit Sq Ft Sq M

11a 2,734 254

11b 2,734 254

11c 1,778 165

11d 1,778 165

12a 2,734 254

12b 2,734 254

12c 1,778 165

12d 1,778 165

13a 2,734 254

13b 2,734 254

13c 1,778 165

13d 1,778 165

14a 2,734 254

14b 2,734 254

14c 1,778 165

14d 1,778 165

Totals 36,096 3,352

NAV

Address                            NAV (£)               Payable (£) (26/27)

11a                                       13,200                7,989

11b                                       8,350                   5,054

11c                                       5,500                   3,329

11d                                       5,500                   3,329

12a                                       8,400                   5,084

12b                                       8,350                   5,054

12c                                       5,800                   3,510

12d                                       5,250                   3,177

13a                                       8,150                   4,933

13b                                       8,150                   4,933

13c                                       5,200                   3,147

13d                                       5,300                   3,208

14a                                       8,150                   4,933

14b                                       8,250                   4,993

14c                                       5,500                   3,329

14d                                       5,250                   3,177

PRICE DETAILS

Price: £1.5 million

Title: Freehold or long leasehold subject to a nominal ground rent.

SALE STRUCTURE

The property is held within a single purpose company and the proposed transaction

will be structured by way of a sale of the shares of the company.

VAT

Prices and outgoings do NOT include VAT which may be chargeable.

For viewing appointments please contact:

Ronan Campbell

07803 722898

[email protected]

Emily Law

07703 809256

[email protected]

Campbell Commercial

Scottish Provident Building, 7 Donegall Square West, Belfast, BT1 6JH

028 9024 9024

[email protected]

campbellcommercial.co.uk