44a - 44d Longstone Street,
Lisburn, BT28 1TP
Retail
Price £400,000
Contact Shooter Property Services (Lisburn)
+44 28 9266 6556
Key Information
Price | £400,000 |
Style | Retail |
Status | For sale |
Features
- A Fully Let Parade of 4 no. Retail Units on Well Let Longstone Street, Lisburn
- Current Passing Rent £34,600 p.a.x
- Asset Management Potential to Increase Rental Returns
- Long Standing and Fully Performing Tenants
- High Profile Location with Good Footfall
- Relatively Modern Building
- Historically Low Vacancy Levels on Longstone Street
- Large Private Car Park to Rear May be Suitable for Development (Subject to Planning) Total Site Area c. 0.2 acres
- Full Lease Details are Available Through Shooter Property Services Lisburn Office
- Viewings can be Arranged Through Shooter Property Services Lisburn Office
Attractive Multi-Let Investment Opportunity
Presenting a highly attractive commercial investment for sale. A parade of 4 number retail units, fully let to performing and long established tenants. The property benefits from a high profile position on Longstone Street and boasts a relatively large rear yard which may be suitable for further development (subject to planning). Gross passing rent is £34,600 with scope to re-gear leases and grow returns. A viewing is highly recommended.
- 44a Longstone Street
- Tenant - Pennys Nails and Beauty. Lease expired April 2011, currently holding over. Passing rent £8,250.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
- 44b Longstone Street
- Tenant - Saikung Night Chinese Restaurant. Current lease expires 31st July 2032. Passing rent £9,000.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
- 44c Longstone Street
- Tenant - Opium Barbers. Lease expired 31st March 2015, currently holding over. Current rent £8,350.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
- 44d Longstone Street
- Tenant - Paramount Pizza. Current lease expires 30th April 2028. Rent £9,000.00 per annum. 85 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
