53-55b Station Road

CPS are delighted to bring to the sale market this single-storey mixed use portfolio of properties based on Station Road, Newtownabbey.  This premises offers an investment opportunity with a potential rental yield of circa 11%. This site also offers a re-development opportunity benefiting from close proximity to the Whiteabbey Train Station; subject to statutory planning approval. 

LOCATION

The commercial premises are situated at 53-55B Station Road, Newtownabbey, BT37 0BS and is accessed via Ypres Park and Fernagh Road.  The premises is predominately surrounded by residential property and is opposite Whiteabbey Train Station. 

DESCRIPTION

53-55B Station Road comprises a single-storey premises totalling circa 105 Sqm / 1,130 Sqft; which is currently laid out as two retail units, two offices, and a flat.  One of the retail units is occupied by a hairdresser and the other was just recently occupied by a beautician.  One of the offices is currently been used as storage and the other is a former taxi office.  The flat comprises an open plan living room and kitchen, one bedroom, and a bathroom; with gas heating. 

GUIDE PRICE

We have been instructed to seek a guide price of £185,00 (One Hundred & Eighty-Five Thousand Pounds)

RATES

As per the LPS website this premises has an:

• NAV of £360 rated as an Office (Ground Floor).  The rates payable for 2023/24 is £194.79 and being 8.15 Sqm
• NAV of £2,000 rated as a Shop.  The rates payable for 2023/24 is £1,082.16 and being 31.60 Sqm
• NAV of £940 rated as an Office (Ground Floor).  The rates payable for 2023/24 is £508.61 and being 21.21 Sqm
• CRV of £50,000 rated as a Flat (Ground Floor). The rates payable for 2023/24 is £437.40 and being 44.5 Sqm

VIEWING INFO

For further information or if you wish to arrange a viewing, please contact our commercial team on