16-18 Market Street, Omagh , Tyrone BT78 1EH

Offers over £250,000
Offers over £250,000
Price Offers over £250,000
Style Investment Property
EPC Rating D80
Status For sale
  • Additional Information
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Additional Information

16-18 Market St

Features

  • Prime fully let town centre commercial investment
  • Produces a net annual rent of £25,572
  • Seeking offers in excess of £250,000 representing a yield of 10%.
  • Three storey mid terrace building extending to 4,259 sq ft (395 sq m)

Additional Information

The property is a commercial building arranged across the ground, first and second floors. It comprises of a fully fitted shop and is finished to a very high standard to include painted and plastered walls, concrete flooring and air conditioning.

The upper floors are separately accessed off Market Street and are finished to a basic standard.

EPC - D80 / C63

Tenancy Information
The entire building is currently let to Vodafone. The lease terms are as follows:
Term : A term of ten years with effect from 26th March 2012.
Rent : £25,572 per annum exclusive.
Repairs : Full repairing and insuring.

Covenant
Vodafone was founded in 1983 and are one of the worlds leading mobile communications providers.  It operates in 26 countries and has 444 million customers worldwide.

Sale Details
This investment opportunity is offered for sale on a private treaty basis seeking offers over £250,000.  A sale at this price would reflect a net initial yield of approximately 10% after purchasers costs and a low £59 per sq ft (£632 per sq m) capital value.

Ground floor - 1,875 square feet
First floor - 1,813 square feet
Second floor - 571 square feet
Total Area: 4,259 square feet

Directions

The property is located in Omagh, the county town of Tyrone and is one of the largest towns in the west of Northern Ireland.

Omagh is well positioned on the A5 corridor, the main arterial road network servicing the north west area of the province. Omagh is located approximately 35 miles from Derry/Londonderry and 70 miles from Belfast.

This property is prominently located on Market Street in Omagh town centre opposite Primark and SuperValu, benefiting from high levels of vehicular traffic and pedestrian footall. Nearby occupiers include Santander, Danske Bank and SD Kells.

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Property Statistics

Total Views

(since advertised)

606

Listing Views

Date Views Unique Views Featured Published Bumped
27th Dec 12 12 No Yes No
28th Dec 0 0 No Yes No
29th Dec 3 3 No Yes No
30th Dec 9 9 No Yes No
31st Dec 3 3 No Yes No
1st Jan 1 1 No Yes No
2nd Jan 8 8 No Yes No
3rd Jan 9 9 No Yes No
4th Jan 6 6 No Yes No
5th Jan 2 2 No Yes No
6th Jan 2 2 No Yes No
7th Jan 1 1 No Yes No
8th Jan 0 0 No Yes No
9th Jan 1 1 No Yes No
10th Jan 3 3 No Yes No
11th Jan 6 6 No Yes No
12th Jan 5 5 No Yes No
13th Jan 7 7 No Yes No
14th Jan 6 6 No Yes No
15th Jan 4 4 No Yes No
16th Jan 2 2 No Yes No
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20th Jan 10 10 No Yes No
21st Jan 5 5 No Yes No
22nd Jan 1 1 No Yes No
23rd Jan 5 5 No Yes No
24th Jan 3 3 No Yes No
25th Jan 1 1 No Yes No

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