2-4 Church Street, Coleraine BT52 1AP

Investment Property (11,253 sq. feet) For Sale
Offers over £1,250,000
Email The Agent

Email the Agent

Please check you have entered all details correctly:

Thanks

We've sent your enquiry to GVA NI Ltd.

You can also reach them on the number listed above.

Key Information

Price Offers over £1,250,000
Style Investment Property
Status For sale

Location

This agent has listed the accuracy as: Quite Near

Prime Retail Investment

Features

  • • Excellent town centre location with a dual frontage onto The Diamond and Church Street the town’s main retail pitches
  • • 100% occupied by two local traders and Next PLC
  • • 88.9% of income is secured against a “Very Low Risk” CreditSafe Rating covenant
  • • Asset Management Opportunities: -
  • o Re-gear of NEXT lease
  • o Extending into second floor void
  • • Current Income £135,000 per annum
  • • Freehold
  • • We are instructed to seek offers in excess of £1,250,000 (One Million, Two Hundred and Fifty Thousand Pounds). A purchase at this level reflects a net initial yield of 10.20% after allowing for acquisition costs at
  • 5.96%
  • EPC Scores: NEXT - E 102
  • Whoosh - F 138
  • Daisy Mae Boutique - G 152

Additional Information

Coleraine is one of Northern Ireland’s leading provincial towns with a resident population of c. 57,000 persons and over 250,000 persons within a 30 minute drive time. The area also benefits from c. 2.5m tourists annually, with a general spend of over £37m per annum.

The property occupies a prominent position in the town centre fronting the dual prime retail pitch of Church Street and The Diamond. The subject is a prominent building and benefits from considerable pedestrian footfall accessing the prime retail thoroughfare from The Mall car park (223 spaces) and Abbey Street Car Park (182 spaces).


Other major tenants in Coleraine Town Centre include M&S Simply Food,Superdrug, Waterstones, O2, Holland & Barrett, Argos, Trespass and Topshop.

Spotted a Problem? Even the best agents make mistakes, help us to maintain accurate property information on our listings.  Report a problem »

Total Views

(in last 30 days)

139

Listing Views

Date Views Unique Views Featured Published
22nd Dec 3 3 No Yes
23rd Dec 3 3 No Yes
24th Dec 6 6 No Yes
25th Dec 1 1 No Yes
26th Dec 1 1 No Yes
27th Dec 6 6 No Yes
28th Dec 4 4 No Yes
29th Dec 2 2 No Yes
30th Dec 0 0 No Yes
31st Dec 4 4 No Yes
1st Jan 12 12 No Yes
2nd Jan 3 3 No Yes
3rd Jan 6 6 No Yes
4th Jan 4 4 No Yes
5th Jan 2 2 No Yes
6th Jan 5 5 No Yes
7th Jan 0 0 No Yes
8th Jan 30 30 No Yes
9th Jan 7 7 No Yes
10th Jan 5 5 No Yes
11th Jan 5 5 No Yes
12th Jan 6 6 No Yes
13th Jan 5 5 No Yes
14th Jan 2 2 No Yes
15th Jan 4 4 No Yes
16th Jan 1 1 No Yes
17th Jan 1 1 No Yes
18th Jan 5 5 No Yes
19th Jan 2 2 No Yes
20th Jan 4 4 No Yes

Want to increase your views?

Why not Increase Your Views and get twice the exposure as a regular listing!

Increase Your Views
Back to top