115-117 Main Street, Newcastle BT33 0AE

Offers over £500,000
Retail unit (1,784 sq. feet) For Sale
Offers over £500,000

Contact the Agent

TDK Commercial Property Consultants

TDK Commercial Property Consultants

028 9024 7111 Show Phone Number Call The Agent
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Key Information

Price Offers over £500,000
Style Retail unit
Status For sale

Location

This agent has listed the accuracy as: Quite Near

Features

  • Excellent new build ground floor retail unit of 1,784 sq. ft. (165.8 sq.m.)
  • Located on Main Street in the heart of Newcastle
  • Let to Nero Holdings Ltd t/a Caffe Nero, current net rental income of £35,000 pax
  • We have been instructed to seek offers in excess of £500,000 (Five Hundred Thousand Pounds) reflecting a Net Initial Yield of 6.70% (Allowing for purchases costs of 4.43%)

Additional Information

Newcastle is one of Northern Ireland's most popular seaside resorts located on the South East coast of Co. Down and is home to the world famous Mourne Mountains. It is located 30 miles south of Belfast and 20 miles east of Newry. The new unit occupies a prominent position fronting Main Street in the town centre and is situated amongst a variety of retailers, restaurants and cafés.

The subject property is the ground floor unit within a newly built, mixed-use development.
The development comprises a ground floor retail unit with 3 apartments located on the first and second floors (Also available to purchase in conjunction with the ground floor unit).

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Total Views

(since advertised)

1,622

Listing Views

Date Views Unique Views Featured Published
20th May 3 3 No Yes
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1st Jun 1 1 No Yes
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17th Jun 2 2 No Yes
18th Jun 1 1 No Yes

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