Ballybrakes Business Park, 11a Ballybrakes Road

Commercial Investment Opportunity.
The property is let to Mr Worx Ltd on a 10 year term at an annual rental of £80,000.
The property is located within the popular Ballybrakes Business Park within the town and is situated in close proximity to a number of arterial routes linking the North Coast and Belfast to L’Derry.
Gross Internal Area c.21,510 sq ft (c. 1998.35 sq m).
The premises are finished externally to a modern standard with composite cladding and has the benefit of a fully enclosed tarmaced yard space to the front.
Internally the property has had a refit to offices and showroom which include suspended ceilings, electric wall mounted heating and automatic lighting.

Accommodation

Gross Internal Area:
c. 21,510 sq ft (c. 1998.35 sq m)

Sales Details
Price:
Offers Around £950,000

Service Charge:
£1,000 per annum

Tenure:
10,000 year lease from 23rd August 1993

VAT:
All outgoings and rentals are quoted exclusive of but may be liable to VAT

Lease Details
Rent: £80,000 per annum

Term:
10 Year lease from 1st October 2024

Rates:
Tenant Responsible

Insurance:
Landlord to insure, tenant to reimburse

Repairs:
Internal Plate Glass & Roller Shutter Repairing

Non-Domestic rate in the £ 0.585482
NAV:
£29,200

Viewing:
Strictly by appointment through agent