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Alexander Gourley Ltd (Derry)

Alexander Gourley Ltd (Derry)

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Key Information

Time finished
Provisionally Accept Highest Bid
Style Miscellaneous
Status For sale

Location

This agent has listed the accuracy as: Exactly Right

Additional Information

**BY PUBLIC AUCTION**
ON WEDNESDAY 7TH DECEMBER 2016
at The White Horse Hotel, Eglinton Suite
at 7.30pm
LARGE COMMERCIAL YARD WITH SHED/WORKSHOP/WAREHOUSE
& 2 BLOCKS OF RESIDENTIAL UNITS
SET ON APPROX 2 ACRE SITE 
THIS OFFERS THE PURCHASER AN OUTSTANDING OPPORTUNITY TO ADD FURTHER VALUE TO THIS ALREADY SUBSTANTIAL DEVELOPMENT
FULL DESCRIPTION
Yard & workshop/warehouse:
Extensive concrete yard with separate access from the Beragh Hill Road, offering substantial space for parking lorries, containers etc. 
The workshop / warehouse comprises approximately 8000sq ft of space spread over 2 floors, concrete flooring, having 2 electric roller shutter doors & pedestrian access
Offers potential for sub-dividing into individual bays/storage units and thus generating rental possibilities
Residential rental units:
1. This substantial property has been divided to form 6 x 1 bedroom flats with Economy 7 heating, laid out over ground and first floor accommodation. All flats are presently tenanted and produce a combined income of approx £28,000 per annum.
2. This further block of 6 x 1 bedroom flats required completion. Each consists of approx 750sq ft with living/kitchen/dining area, shower room off and bedroom on the 1st floor.  All flats require varying works to complete and thus offers similar rental yearly potential when finished to a satisfactory standard.
There is a laundry room and communal games room with bar area on first floor and extensive paved forecourt offering ample parking for tenants and visitors. Private access to the residential lets is offered via a paved driveway off the Beragh Hill Road.
LOCATION
15 Beragh Hill Road is conveniently located approximately 5 miles from the City Centre and 3 miles from the Foyle Bridge, thus offering easy access to the both the A2 Limavady / Coleraine and the A5 Belfast main arterial routes.

 

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28th Mar 5 5 No Yes
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