Added 1 day ago

Offers Around £825,000

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Leiganfield House, 571 Doagh Road

Newtownabbey, BT36 5RY

Investment Property

Investment Property

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Marketed by Avison Young

+44 28 9031 6121

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Additional Information
  • Magnificent detached residence constructed around 1860 set in approximately 3 acres
  • Substantial detached Victorian property offers a rare opportunity to acquire a characterful and versatile building, set within extensive gardens and benefiting from a range of outbuildings
  • 8no. Individual business units in a range of outbuildings and a semi-detached terrace of more modern warehousing extending to approximately 7,000 sq ft on a c. 0.75 acres site
  • This self-contained commercial investment property is fully let generating a strong annual rental income
  • Benefitting from its own separate entrance directly from Carntall Road

Description
Business Park

Benefitting from its own separate entrance directly from Carntall Road, this self-contained commercial investment property is fully let comprising 8no. Individual business units in a range of outbuildings and a semi-detached terrace of more modern warehousing. The accommodation extends to approximately 7,000 sq ft on a site, extending to c. 0.75 acres. The property currently generates a strong annual rental income with all tenants currently overholding on lapsed tenancy agreements. This offers the purchaser the opportunity to enter into new formalised tenancies or explore redevelopment options for the business park (subject to planning). Details available on request from agent.

Obvious potential for owner occupiers to seek long term occupation subject to agreement in respect of the existing tenancy agreements. A planning report on the various units is available for information purposes only, but all interested parties should complete their own due diligence in this regard. Consideration may be given to sub-dividing the residential and commercial elements although both deals would need to transact simultaneously. Please contact the agents for further information.

Leighanfield House

Magnificent detached residence constructed around 1860 set in approximately 3 acres.
Accommodation includes:-

6 Bedrooms plus games room
3+ Reception rooms
Modern fitted kitchen
White bathroom suite with additional ground floor shower room
Oil fired central heating
Feature sash window
Property priced to allow upgrading
Large garages/ barns / outbuildings plus separate commercial units

Location
The subject site is situated on a highly prominent site at the junction of Doagh Road and Cartall Road, Newtownabbey. The property is located only 7 miles from Belfast City Centre and is well connected to the province’s road network via the M2 motorway and A8/Larne Line. Land use in the immediately surrounding area is agricultural / greenbelt to the north and high density residential use within the development limits to the south. Mossley West train station is located a 2 minute walk away and the property is located close to main bus routes.

Occupiers in the vicinity include Ashers Bakery, Magowan Tyres, Antrim & Newtownabbey Borough Council and Ballyearl Leisure Centre.

Specifications
Consideration may be given to the subdivision between the residential and commercial elements although the preference is for a single sale. Further details available from the Agents.

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