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- Investment Opportunity
- Total Income £725 per month
- Retail Unit with large storage area
- 2 bedroom apartment
- Prominent location on the edge of Lurgan Town Centre
52 & 52A Union Street, Craigavon
** PRICE REDUCED **
COMMERCIAL UNIT – 52 Union Street
The ground floor commercial property extends to 1,174 Sq Ft and comprises ground floor retail unit with large storage area to the rear. The Unit has been recently renovated and is ready for a new business to move in and transform to suit a variety of uses (subject to planning)
To the rear of the property is a large storage unit which can be entered through the shop or via large double doors on Coronation Street, just off Union Street, which is an ideal access for a car or a large van. The rear storage area is approx 889sq ft and is equiped with electric lighting and skylights for natural daylight. The premises boasts high ceilings and concrete flooring throughout and has recently been freshly re-painted.
The rates payable for the shop is estimated at £2,400 per annum, however discounts may be available and perspective purchasers are advised to make their own enquiries directly with Land and Property Services.
The commercial unit is currently occupied on a 12 month lease from October 2019 at £375 per month.
RESIDENTIAL UNIT – 52a Union Street
The residential property is located on the upper floors and comprises a 2 storey 2 bed apartment with kitchen, lounge and bathroom on the first floor and further large bedroom on the 2nd floor. The apartment has separate access off Union Street.
The apartment is currently let on annual lease for approximately £350 per month with 3 months remaining on the tenancy.
For further information or to arrange a viewing please contact Alison McClean.
Tel. 07885 603066
Email. [email protected]
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