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

Offers around £250,000
Offers around £250,000
Price Offers around £250,000
Style Investment Property
Status For sale
  • Additional Information
  • Share This Property
  • Personal Notes
  • Similar Properties

Additional Information

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)

Personal Notes

Add a personal note about this property

Please or register to add notes to this property.
About Personal Notes

You can add your own personal notes about this property.

You can view all your notes by going to My PropertyPal.com.

You can remove this note at any time.

Share this property

Email this property to your friends

Please check you have entered all details correctly:

Good Work!

Your email is winging its way to

Similar Properties

Property Statistics

Total Views

(since advertised)

2,430

Listing Views

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

Are you selling this property?

Promote your listing on PropertyPal to get more exposure and put your property in front of the right people.

Not your property? Click here to search for your property.

Option 1: Boost It Back

Increase views of your property with a single boost back up the natural listings.

£12
per boost
Boost Your Property

Cannot be purchased within 4 weeks of listing being listed or re-listed.

Option 3: Premier Listing

Get an automatic Boost It Back every week for the next 4 weeks.

Additionally, your property appears as enhanced with extra photos and a description for the lifetime of your listing.

£49

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