170-178 Church Road,
Glengormley, BT36 6HA
Multi-Tenant Investment Opportunity
Offers around £470,000
Contact Frazer Kidd LLP
+44 28 9023 3111
Key Information
Price | Offers around £470,000 |
Style | Investment Property |
Status | For sale |
Features
- Fully-let retail investment situated in the heart of Glengormley.
- All five units are let currently producing a total income of £42,050 per annum.
- Close-by occupiers include Mortgage IQ, Ulster Property Sales and Copius Group Recruitment.
- We are seeking offers in the region of £470,000 (Four Hundred and SeventyThousand Pounds) exclusive of VAT and subject to contract. An acquisition at this level would reflect a net initial yield of 8.47% after purchasers costs of 5.63%.
Multi-Tenant Investment Opportunity situated in a prominent location on Church Road at the junction on the Antrim Road, Glengormley.
The property is situated in a prominent location on Church Road at the junction on the Antrim extending to approximately 2,973 sq ft (276.20 sq m) across 5 units on a site measuring c. 0.1 acres (0.04 hectares).
The property comprises a substantial ground floor commercial property fully let to 5 different units.
Construction is of flat roof construction and part pitched and exterior wall of red brick.
Directions
Glengormley is located approximately 3.5 miles from Belfast City Centre, 1 mile from the Sandyknowes junction of the M2 Motorway providing ease of access to Belfast City Centre, as well as the wider motorway network. As a result, Glengormley is known as a popular commuter location with a significant residential population.
