Contact Agent

Contact Simon Brien Bradley (Newry)

Contact Simon Brien Bradley (Newry)

Investment

19 Market Street

Lurgan, Craigavon, BT66 6AR

offers over £180,000
  • Status For Sale
  • Property Type Investment
  • Interior Area 1162 sqft
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £1,100 / £10,100*
  • Typical Mortgage
    Click price to use our mortgage calculator
EPC Rating

Key Features & Description

  • Ground Floor extending to 2100 Sq Ft
  • Surface mounted Flouresant lighting
  • Suspended ceilings
  • W.C
  • Kitchenette
  • Office
  • CCTV
  • Service lift
  • Storage 1st/2nd Floor
  • Shared service entrance
  • Rear yard
  • Glazed shopfront and pedestrian door
  • Electric roller shutter
  • Description
    We are pleased to present a remarkable investment opportunity in the busy town of Lurgan and encompassing a tenanted supermarket. This exceptional property promises stability and growth potential, making it an ideal investment opportunity for both seasoned investors and newcomers to the market. The sitting tenant is unaffected by the sale.

    This building is ideally situated in center of Lurgan, ensuring high footfall and visibility. It benefits from a prime location on the main commercial street, surrounded by other retail businesses, cafes, and local amenities. Convenient access to public transportation and ample parking options make it easily accessible for both locals and visitors.
    Northern Ireland. Situated in the central part of the country, it is approximately 25 miles southwest of Belfast and 20 miles northwest of Newry. Lurgan is known for its rich heritage, friendly community, and picturesque surroundings. Lurgan's town center is a hub of activity, featuring a variety of shops, boutiques, cafes, restaurants, and local businesses. The bustling streets are filled with a mix of traditional and contemporary architecture, creating a unique atmosphere. The town center is a popular destination for both residents and visitors alike, providing a vibrant and lively environment.

    One of the key advantages of this investment opportunity is the presence of reliable, long-term tenants who will remain unaffected by the sale. The sitting tenants have a strong track record of successful operations and have committed to long-term lease agreements. This ensures a consistent rental income stream and minimizes any potential disruption in cash flow. The tenants' established customer base and loyal following add to the stability and profitability of this investment.


    We are advised that the NAV is £18,900.00.Estimated Rates Payable 21/22: £10,652.89 per annum.The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable. However; we recommend that you verify this with Land & Property Services.

    Broadband Speed Availability

    Ultrafast

    Potential Speeds for 19 Market Street

    Max Download
    1800
    Mbps
    Max Upload
    220
    Mbps
    The speeds indicated represent the maximum estimated fixed-line speeds as predicted by Ofcom. Please note that these are estimates, and actual service availability and speeds may differ.

    Property Location

    Show Map

    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.

    Contact Agent

    Contact Simon Brien Bradley (Newry)

    Contact Simon Brien Bradley (Newry)

    Request More Information
    Requesting Info about...
    19 Market Street, Lurgan, Craigavon, BT66 6AR 19 Market Street, Lurgan, Craigavon, BT66 6AR

    By registering your interest, you acknowledge our Privacy Policy