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Mixed Use

53-55 Station Road, 2 Ypres Park

2 Ypres Park, Whiteabbey, BT37 9RJ

guide price £149,950
  • Status For Sale
  • Property Type Mixed Use
  • Bedrooms 1
  • Stamp Duty
    Higher amount applies when purchasing as buy to let or as an additional property
    £499 / £7,997*
  • Typical Mortgage
    Click price to use our mortgage calculator
EPC Rating

Description

For sale by CPS Property via the iamsold Bidding Platform

Please note this property will be offered by online auction (unless sold prior). For auction date and time please visit iamsoldni.com. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.

We 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.

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

To view or make a bid contact CPS Property or iamsold.ie, www.iamsoldni.com

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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53-55 Station Road, 2 Ypres Park, 2 Ypres Park, Whiteabbey, BT37 9RJ 53-55 Station Road, 2 Ypres Park, 2 Ypres Park, Whiteabbey, BT37 9RJ

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