Added 18 hours ago
Offers Over £260,000
19 - 21 Main Street
Ballymoney, BT53 6AN
Investment Property
Investment Property

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- Prime town centre location in Ballymoney
- On Street car parking outside the front of the property
- Excellent tenants in occupation
- Asset management opportunity exists to increase yield return
- Guide price reflects a gross yield in excess of 11.25% based on current gross income
- Letting of vacant retail unit could potentially increase gross yield to in excess of 15%
Ballymoney is just off the A26 and serves a good rural hinterland, situated approximately 9 miles from Coleraine and 21 miles from Ballymena.
The subject investment property consists of 3 ground floor commercial retail units with a 3 bedroom apartment at first floor level. The retail units are well fitted out to the occupiers specification and the apartment has undergone refurbishment in the last 12 months.
Neighbouring occupiers include Ground Expresso, Subway, Mc Atamney’s Butchers, Bob n Berts, Gordons Chemist, Barnardo’s and KRD Credit Union.
Current gross rental income is £29,300 per annum exclusive with potential to increase rental income up to £39,800 per annum excluisve through asset management opportunities.
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