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

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TDK Commercial Property Consultants

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Additional Information

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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Property Statistics

Total Views

(since advertised)

1,802

Listing Views

Date Views Unique Views Featured Published
17th Jul 2 2 No Yes
18th Jul 3 3 No Yes
19th Jul 5 5 No Yes
20th Jul 2 2 No Yes
21st Jul 2 2 No Yes
22nd Jul 2 2 No Yes
23rd Jul 4 4 No Yes
24th Jul 7 7 No Yes
25th Jul 3 3 No Yes
26th Jul 4 4 No Yes
27th Jul 3 3 No Yes
28th Jul 3 3 No Yes
29th Jul 4 4 No Yes
30th Jul 2 2 No Yes
31st Jul 6 6 No Yes
1st Aug 4 4 No Yes
2nd Aug 3 3 No Yes
3rd Aug 5 5 No Yes
4th Aug 1 1 No Yes
5th Aug 4 4 No Yes
6th Aug 1 1 No Yes
7th Aug 1 1 No Yes
8th Aug 4 4 No Yes
9th Aug 7 7 No Yes
10th Aug 2 2 No Yes
11th Aug 3 3 No Yes
12th Aug 1 1 No Yes
13th Aug 8 8 No Yes
14th Aug 3 3 No Yes
15th Aug 4 4 No Yes

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