Contact Agent

Contact Shooter Property Services (Lisburn)

Contact Shooter Property Services (Lisburn)

Commercial Investment

44a - 44d Longstone Street

lisburn, BT28 1TP

from £400,000
  • Status Sale Agreed
  • Property Type Commercial Investment
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £7,500 / £27,500*
  • Typical Mortgage
    Click price to use our mortgage calculator
EPC Rating

Key Features & Description

A Fully Let Parade of 4 no. Retail Units on Well Let Longstone Street, Lisburn
Current Passing Rent £34,600 p.a.x
Asset Management Potential to Increase Rental Returns
Long Standing and Fully Performing Tenants
High Profile Location with Good Footfall
Relatively Modern Building
Historically Low Vacancy Levels on Longstone Street
Large Private Car Park to Rear May be Suitable for Development (Subject to Planning) Total Site Area c. 0.2 acres
Full Lease Details are Available Through Shooter Property Services Lisburn Office
Viewings can be Arranged Through Shooter Property Services Lisburn Office
Description
Presenting a highly attractive commercial investment for sale. A parade of 4 number retail units, fully let to performing and long established tenants. The property benefits from a high profile position on Longstone Street and boasts a relatively large rear yard which may be suitable for further development (subject to planning). Gross passing rent is £34,600 with scope to re-gear leases and grow returns. A viewing is highly recommended.

Rooms

44a Longstone Street Tenant - Pennys Nails and Beauty. Lease expired April 2011, currently holding over. Passing rent £8,250.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44b Longstone Street Tenant - Saikung Night Chinese Restaurant. Current lease expires 31st July 2032. Passing rent £9,000.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44c Longstone Street Tenant - Opium Barbers. Lease expired 31st March 2015, currently holding over. Current rent £8,350.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44d Longstone Street Tenant - Paramount Pizza. Current lease expires 30th April 2028. Rent £9,000.00 per annum. 85 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.

Property Location

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Mortgage Calculator

Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

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Contact Shooter Property Services (Lisburn)

Contact Shooter Property Services (Lisburn)

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44a - 44d Longstone Street, lisburn, BT28 1TP 44a - 44d Longstone Street, lisburn, BT28 1TP

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