Drumrainey Business Park, 5 Grange Road, Magherafelt BT45 5EL

Additional Information

Block of 4 Modern Industrial / Commercial Units with Full Planning Permission for additional 3 No. Units (foundations laid)

Excellent Investment Opportunity

Conveniently Located on outskirts of Magherafelt

The properties also benefit from three phase electric, w/c facilities and roller shutter doors.

All 4 x Units are currently let - Details of leases can be obtained from Agent.

Unit 1
Tenant: Kerr Tyres
Rent: £520 per month plus VAT for Year 1 to be increased to £600 per month from Year 2
Term: 10 Years from 20th September 2020



Units 2 & 3
Tenant: Storm Tek Services Ltd
Rent: £1200 per month plus VAT
Term: 5 Years from 8th August 2013



Unit 4
Tenant: Peden Power Products
Rent: £600 per month plus VAT
Term: 5 Years from 1st August 2013





EPC
TBC


VAT
The subject property may be subject to VAT at the prevailing rate


VIEWING
Strictly through agent


TERMS AND CONDITIONS
* Offers will be received up to 12 Noon Friday 15th January 2021 (If not previously Sold) - Terms & Conditions Apply
* Subject to clean and proper title only
* Purchaser to pay 10% deposit at close of sale

Directions

Magherafelt is located approximately 35 miles North West of Belfast and 40 miles South East of Derry City. The property is situated approximately 1.5 miles from the town centre.