Unit 1-3, Lancasterian Court, Lancasterian Street, Carrickfergus BT38 7AB

Offers around £250,000
Investment Property (5,676 sq. feet) For Sale
Offers around £250,000

Contact the Agent

Frazer Kidd LLP

Frazer Kidd LLP

028 9023 3111 Show Phone Number Call The Agent
Email The Agent

Email the Agent

Please check you have entered all details correctly:

Thanks

We've sent your enquiry to Frazer Kidd LLP.

You can also reach them on the number listed above.

Key Information

Price Offers around £250,000
Style Investment Property
Status For sale
Retail Units and Rear Store

Features

  • The units are a substantial size, have been finished to a good standard and are sure to appeal to a variety of commercial occupiers.
  • Consideration will be given to selling the shops as individual units.
  • One of the shops is let to Oasis Dental Care for a period of 15 years from 10th February 2010, with tenant's options to break at the end of years five and ten, at a rent of £16,360 per annum, increasing to £18,500 per annum in February 2016, with an upwards only rent review in February 2020.
  • The remaining two shops and rear store are currently vacant, however once these units are let the annual income should increase considerably, with an increase to around £44,360 per annum possible.
  • A purchase at this level represents a net initial yield of 7.06%, however once the building is fully let this could potentially increase to around 17.76%, assuming usual purchaser's costs.

Additional Information

Three retail units and a rear store located within a modern development in the centre of Carrickfergus.

 Located in an excellent location, directy opposite Iceland and lose to the entrance to the De Courcy Centre.  One of the three shops is let, currently generating an income of £16,360 per annum, rising to £18,500 per annum in February 2016.

Unit 1 - 1,245 sq ft (112.69 sq m) - EPC Rating C51

Unit 2 - 1,212 sq ft (112.61 sq m) - EPC Rating C59

Unit 3 - 1,313 sq ft (122.00 sq m) - EPC Rating D92

Rear Store - 1,938 sq ft (180.00 sq m)

Share this property with your friends

Good Work!

Your email is winging its way to

Wanna be a little social too?

Total Views

(since advertised)

2,029

Listing Views

Date Views Unique Views Featured Published
15th Jun 0 0 No Yes
16th Jun 0 0 No Yes
17th Jun 0 0 No Yes
18th Jun 0 0 No Yes
19th Jun 3 3 No Yes
20th Jun 1 1 No Yes
21st Jun 1 1 No Yes
22nd Jun 2 2 No Yes
23rd Jun 0 0 No Yes
24th Jun 2 2 No Yes
25th Jun 0 0 No Yes
26th Jun 3 3 No Yes
27th Jun 4 4 No Yes
28th Jun 1 1 No Yes
29th Jun 1 1 No Yes
30th Jun 0 0 No Yes
1st Jul 0 0 No Yes
2nd Jul 1 1 No Yes
3rd Jul 2 2 No Yes
4th Jul 0 0 No Yes
5th Jul 1 1 No Yes
6th Jul 1 1 No Yes
7th Jul 0 0 No Yes
8th Jul 0 0 No Yes
9th Jul 2 2 No Yes
10th Jul 1 1 No Yes
11th Jul 0 0 No Yes
12th Jul 2 2 No Yes
13th Jul 1 1 No Yes
14th Jul 2 2 No Yes

Are you selling this property?

Find out how to make your property stand out more, increase your views and get twice the exposure as a standard listing!

  • Get twice the exposure than a standard listing
  • Attractive design with banner and additional photographs
  • Get to the top of the search results (Featured only)
  • Choose the Featured or Premium Option or both
Increase Your Views
From
£2
a week
Only
£49
(Lifetime)

Spotted a Problem? Even the best agents make mistakes, help us to maintain accurate property information on our listings.  Report a problem »

Back to top