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Commercial & Residential Properties

42, 43 & 44 The Promenade

Portstewart, BT55 7AE

offers over £750,000
  • Status For Sale
  • Property Type Commercial & Residential Properties
  • EPC Rating C69
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £27,500 / £65,000*
  • Tenure Freehold
  • Typical Mortgage
    Click price to use our mortgage calculator
EPC Rating

Key Features & Description

Gas Fired Central Heating
PVC Double Glazed Windows
Prime Central Location
Uninterrupted Views Across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands
Rental Information: The Addition Premises Currently Produce A Rental Income Of £18,000 Per Annum, While The Mauds Ice Cream Shop Produces £9,600 per annum With An Option For A 10 Year Lease In Place
Excellent Investment/Development Location
Potential To Develop Top Floor Attic Which Was Previously A Third Apartment
All Four Properties Are Currently Tenanted Deriving Excellent Rental Income
The Apartments Currently Generate Rental Income Of £700 and £850 Per Month
Description
A rare opportunity to acquire a substantial and highly prominent mixed-use property occupying a prime seafront position on Portstewart Promenade, commanding exceptional uninterrupted views across the Atlantic Ocean towards The Crescent, Portstewart Strand, Mussenden Temple and the Donegal Headlands.

The property provides an excellent combination of commercial and residential accommodation. At ground-floor level are two commercial units, currently laid out as Addition and Mauds, incorporating generous customer areas together with kitchen, storage and ancillary accommodation. Awaken includes a substantial shop floor, dining area, commercial kitchen and stores, while the Mauds premises benefits from direct double-door access onto The Promenade.

The upper floors comprise two spacious three-bedroom apartments, both enjoying outstanding coastal views. The first-floor apartment offers a separate kitchen and lounge together with three bedrooms, including a principal bedroom with ensuite. The second-floor apartment features a particularly generous open-plan kitchen, living and dining arrangement, three bedrooms and bathroom accommodation.

Further accommodation is available at attic level, providing four additional rooms, while externally there is a rear yard with roller-door access suitable for bins and deliveries. The property is Freehold and benefits from PVC double-glazed windows, with the roof stated in the particulars as having been renewed approximately six years ago.

Occupying one of the North Coasts most recognisable and sought-after waterfront locations, this is an extremely versatile property offering considerable potential for investors, commercial operators or purchasers seeking a substantial residential and commercial holding in the heart of Portstewart.

Rooms

GROUND FLOOR:
Entrance Porch: With tiled floor.
Communal Entrance Hall: With tiled floor and stairs to all floors.
FIRST FLOOR RETURN:
Hall: With steps down to shop and stairs to access the Promenade.
Utility Room: (1.80m X 2.21m) With stainless steel single drainer sink unit, plumbed for automatic washing machine, space for tumble dryer and low level units with tiling above.
FIRST FLOOR APT 1:
Entrance Hall: With feature glass blocks, storage cupboard and laminate wood floor.
Kitchen: (3.86m X 3.99m) With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated hob, oven, space for fridge freezer, shelving, drawer bank, larder cupboard, cupboard housing gas boiler and feature glass blocks.
Lounge: (4.39m X 5.11m) With pine surround fireplace, tiled inset and hearth, wiring for wall lights, coving, laminate wood floor and uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Bedroom 1: (3.94m X 3.94m) With laminate wood floor and uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Ensuite: Ensuite off with w.c., wash hand basin with tiled splashback, fully tiled walk in shower cubicle with electric shower, recessed lighting, extractor fan, feature glass blocks and tiled floor.
Bedroom 2: (2.26m X 4.04m)
Bedroom 3: (2.84m X 3.10m) With uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Bathroom: With white suite comprising w.c., wash hand basin with tiled splashback, fully tiled walk in shower cubicle with electric shower, bath with tiled surround, part tiled walls and tiled floor.
SECOND FLOOR RETURN:
Landing:
Utility Room: (2.59m X 2.67m) With single drainer stainless steel sink unit, low level built in units, plumbed for automatic washing machine and space for tumble dryer.
SECOND FLOOR APT 2:
Entrance Hall: 211 wide with storage cupboard and laminate wood floor.
Open Plan Living/Kitchen/Dining: (3.94m X 8.03m)
Kitchen: With single drainer stainless steel sink unit, high and low level built in units with tiling between, integrated hob and oven, space for fridge freezer, shelving, drawer bank, recessed lighting, larder cupboard, cupboard housing gas boiler and views across lounge area.
Lounge: With recessed lighting and uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Bedroom 1: (4.04m X 5.08m) With triple aspect windows with uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Bedroom 2: (2.31m X 4.67m) With built in mirrored slide robes.
Bedroom 3: (2.87m X 3.12m) With uninterrupted views across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands.
Bathroom: With white suite comprising w.c., wash hand basin with PVC clad splashback, fully PVC clad walk in shower cubicle with mains shower and PVC clad around bath.
3RD FLOOR ATTIC:
Hall:
Room 1: (3.81m X 5.28m)
Room 2: (1.65m X 2.03m)
Room 3: (3.25m X 5.59m)
Room 4: (2.26m X 4.80m) Access to eaves.
EXTERIOR FEATURES: Yard to side (accessible from The Promenade) with roller door access for bins and deliveries.
ADDITION:
Shop Floor: (6.96m X 8.38m)
Dining Area: (2.97m X 6.88m)
Separate W.C.
Extra Store: (1.50m X 6.32m) With wash hand basin and tiled floor.
Additional Store: (2.59m X 5.56m)
Extra Separate W.C.
Kitchen: (2.64m X 7.70m)
MAUDS:
Shop Floor: (3.23m X 5.89m) With double access doors to The Promenade.
Store Room: (2.44m X 2.90m) With light and power points.

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.

Directions

Approaching Portstewart from Coleraine on the Station Road, turn left at the bottom onto Portmore Road which connects with the Portrush Road. Proceed along the Portmore Road which will lead you onto the Promenade. No 42 will be located just opposite the war memorial overlooking the sea.

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Contact Armstrong Gordon & Co

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42, 43 & 44 The Promenade, Portstewart, BT55 7AE 42, 43 & 44 The Promenade, Portstewart, BT55 7AE

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