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24 High Street, Enniskillen BT74 7EH

Price £550,000

Commercial Property (5,083 sq. feet) For Sale

Price £550,000

Commercial Property (5,083 sq. feet) For Sale

Price £550,000
Style Commercial Property
Status For sale
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Additional Information

Features

  • Comprising a ground floor retail unit let to Progressive Building Society and 5 no. flats.
  • Current rental income of ?48,200 p.a. exclusive.
  • Seeking offers in the region of ?550,000 exclusive, subject to contract.

Additional Information

Location
Enniskillen is located approximately 75 miles South West of Belfast and is a major provincial centre with a catchment population of in excess of 55,000 people. Enniskillen is a major retail destination providing Fermanagh's main shopping facilities and benefits from significant tourist and cross border trade.

The unit occupies an excellent position on High Street close to its junction with Paget Square, with nearby occupiers including Halifax, Little Wing, Savers, Santander, Vogue, Specsavers, Caffe Nero and Gordons Chemists.

The towns main car parking facilities are close by.

Description
The property, a four storey mid-terrace building with a significant three storey extension to the rear, is of traditional construction with rendered front and rear elevations, part pitched slate and flat roofs and Upvc double glazed windows. It comprises a ground floor retail unit fronting onto High Street with 5 no. flats accessed from the rear via Broadmeadow Place.

24 High Street (Retail Unit) - Let to Progressive Building Society, the unit is fitted out to provide a modern banking hall with ancillary office, storage, kitchen and WC facilities. Finishes include plastered & painted walls, suspended and plastered ceilings with recessed and surface mounted lighting, carpeted and laminate floor coverings and a double glazed powder coated aluminium framed shopfront.

Flat 1 (Lower GF Rear) - 2 bed, 1 reception with separate kitchen, shower room (electric shower, wc & whb), electric heating and wood burning stove. Finishes include plastered & painted walls and ceilings, laminate floors.

Flat 2 (1F Rear) - 2 bed, 1 reception/kitchen-diner, shower room (electric shower, wc & whb), electric heating. Finishes include plastered & painted walls and ceilings, laminate floors.

Flat 3 (1F Front) - 2 bed, 1 reception/kitchen-diner, bathroom (electric shower over bath, wc & whb), electric heating. Finishes include plastered & papered/painted walls and ceilings, laminate floors.

Flat 4 (2F) - 2 bed, 1 reception/kitchen-diner, shower room (electric shower, wc & whb), electric heating. Finishes include plastered & papered/painted walls and ceilings, laminate floors.

Flat 5 (3F) - 1 bed, 1 reception/kitchen-diner, bathroom (electric shower over bath, wc & whb), electric heating. Finishes include plastered & painted/papered walls and ceilings, laminate floors.

Tenancies
The GF retail unit is let to Progressive Building Society on a 10 year effective full repairing & insuring lease (excluding latent & inherent structural defects) at a rent of ?27,000 p.a.x. from 27.5.2020, subject to an upwards only rent review & Tenant break option on 27.05.2025.

Flats 1 to 4 are currently let to private tenants at a combined total rent of ?21,200 pax, whilst Flat 5 is currently vacant and To Let.

Please see attached brochure for detailed Tenancy information.

Title
Assumed Freehold or Long Leasehold.

Price
Offers in the region of ?550,000 exclusive, subject to contract.

EPC
Retail Unit: C72.
Flat 1: E44 / Flat 2: G15 / Flat 3: E42 / Flat 4: E44 / Flat 5: F22.

Copies of the full certificates are available on request.

VAT
Please note all prices, rentals and outgoings are quoted net of VAT which may be chargeable

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Property Statistics

Total Views

(since advertised)

600

Listing Views

Date Views Unique Views Featured Published Bumped
19th Sep 16 16 No Yes No
20th Sep 6 6 No Yes No
21st Sep 11 11 No Yes No
22nd Sep 9 9 No Yes No
23rd Sep 13 13 No Yes No
24th Sep 3 3 No Yes No
25th Sep 11 11 No Yes No
26th Sep 20 20 No Yes No
27th Sep 9 9 No Yes No
28th Sep 11 11 No Yes No
29th Sep 12 12 No Yes No
30th Sep 9 9 No Yes No
1st Oct 9 9 No Yes No
2nd Oct 9 9 No Yes No
3rd Oct 2 2 No Yes No
4th Oct 16 16 No Yes No
5th Oct 7 7 No Yes No
6th Oct 5 5 No Yes No
7th Oct 15 15 No Yes No
8th Oct 15 15 No Yes No
9th Oct 6 6 No Yes No
10th Oct 7 7 No Yes No
11th Oct 2 2 No Yes No
12th Oct 4 4 No Yes No
13th Oct 5 5 No Yes No
14th Oct 6 6 No Yes No
15th Oct 1 1 No Yes No
16th Oct 3 3 No Yes No
17th Oct 6 6 No Yes No
18th Oct 9 9 No Yes No

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