62-64 Main Street,

Features

• Excellent Investment Opportunity
• Main Street frontage in Saintfield
• Premises well presented throughout
• Fully Occupied and Income Producing
• Long Established & respected local Tenant
• Two Units currently Occupied as one
• Viewing: Strictly by Appointment

Unusually perhaps, these are two adjoining ground floor shop premises both occupied by one tenant (Business un-affected) but under separate leases and with no connection to the remaining upper floors which are separately accessed and occupied or to yard/land at rear. Both are ideally positioned in the centre of the main shopping area with regular passing traffic flow and pedestrian shoppers drawn to the range of services in this historic village. Saintfield straddles the main A7 with it’s direct connections to both the City of Belfast and Downpatrick and is highly regarded for its commercial enterprises, general stores boutiques and eating establishments. The premises are being sold together.

Title

We understand that the premises are held on a Fee Farm Grant dated 16 December 1941 from Michael Charles Perceval Price. No further information is available at this stage.

Rates

Rates: Land & Property Services web site confirm the following Capital Value in respect of both properties.

No 62 Main Street Saintfield BT24 7AB Total NAV Value £5,250-00 (Rates £3,047.80 )

No 64 Main Street Saintfield BT24 7AB Total NAV Value £4,700-00 (Rates £2,728.51)

Lease Details - No 62

No 62 Main Street Saintfield BT24 7AB
Lease dated 01 October 2012
Three Year Term
CURRENT RENT £5,830.00, Paid monthly
Tenant Liable to pay Commercial Rates
Tenant liable to pay Insurance contribution

Lease Details - No 64

Lease dated 06 October 2009
Three Year Term
Current Rent £4,000.00 paid monthly
Tenant liable to pay Commercial Rates