Guide Price £145,000

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32 North Street

Carrickfergus, BT38 7AQ

Investment Property

Investment Property

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Contact Avison Young

+44 28 9031 6121

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Additional Information
  • Annual Income of £22,000 p.a. with a Gross Yield of 15.17%
  • Two ground floor shops (a vape shop and a retail unit) and two first floor one bedroom apartments.
  • The rear of the building is a private car parking space for access to the apartments.
  • All four units are currently let.
  • Potential for grants under the Town Centre Shop Front Revitalisation Scheme run by the Mid & East Antrim Borough Council.

Description
The property consists of two ground floor shops (a vape shop and a retail unit) and two first floor one bedroom
apartments.
The rear of the building is a private car parking space for access to the apartments.
All four units are currently let.
Potential for grants under the Town Centre Shop Front Revitalisation Scheme run by the Mid & East Antrim Borough Council.

Auctioneers Comments:
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, the buyer and seller must Exchange immediately, and Complete 28 days thereafter.
The buyer is required to make payment of a non-refundable Contract Deposit of 10% to a minimum of £6,000.00.
The buyer is also required to make a payment of a non-refundable, Buyer Administration Fee of 1.80% of the purchase price including VAT, subject to a minimum of £2,400.00 including VAT, for conducting the auction.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Terms and conditions apply to the traditional auction method and you are required to check the Buyer Information Pack for any special terms and conditions associated with this lot.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Location
Carrickfergus is a historic coastal town in County Antrim, Northern Ireland, situated about 11 miles (18 kilometres) northeast of Belfast on the northern shore of Belfast Lough.
Situated at the top of North Street, this property is ideally situated to benefit from on street parking.

Specifications
Shop 1 250sq ft
Shop 2 739sq ft
Apt. 1, No. 32a 600sq ft
Apt. 2, No. 32b 425sq ft
Total 2,014sq ft

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