6 Church Street, Coleraine BT52 1AW
Investment Property (2,225 sq. feet) For Sale
This agent has listed the accuracy as: Quite Near
Prime Retail Investment Opportunity.
The Property is currently leased to the Retailer Shoe Zone Limited at an annual rent of £32,000.
5 Year Lease Term from 12th August 2017.
Shoe Zone is a leading value footwear retailer in the UK with over 500 stores nationwide.
A purchase at £350,000 reflects a Net Initial Yield of c. 8.56% adopting costs at 6.75%
Total Net Internal Area (NIA) of approx c.206.75 sq m / c.2,225 sq ft.
Neighbouring occupiers include, Next, Holland & Barratt, Waterstones, Pandora, Cafe Nero & Superdrug.
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