FOR SALE 7034 4244 OKT.CO.UK All Offers With Proof of Funding To Be Received Before Thursday 21 August 2014 (If Not Previously Sold) 11 / 13 Main Street Portrush Co. Antrim BT56 8BL Belfast Office: 22 Adelaide Street, Belfast BT2 8GD Mixed Use / Commercial Investment Currently Generating £21,960 Rental Income Per Annum T: +44 (0)28 9024 8181 F: +44 (0)28 9024 8188 E: [email protected] Northern Office: 20 – 22 Stable Lane, Coleraine BT52 1DQ T: +44 (0)28 7034 4244 F: +44 (0)28 7034 4949 E: [email protected] Partner: Brian Kennedy FRICS FCIArb, Brian Turtle MRICS, Mark Patterson MSc MRICS, Iain McCabe BSc (Hons) MRICS, Ross Sweeney (Hons) MA MRICS Associates: Tracy Moffett BSc (Hons) MRICS, Henry Taggart BSc (Hons) MRICS, Alan McKinstry BSc (Hons) MRICS, Michael Burke BSc (Hons) MRICS OKT.CO.UK Location / Description Opportunity to purchase this commercial investment currently generating a rental income of £21,960 per annum. Portrush is a popular seaside town in County Antrim, Northern Ireland on the border of County Londonderry. It lies approximately 4 miles north of Portstewart and Coleraine and is a popular commuter location due it its close proximity to Coleraine Town Centre and University of Ulster campus. The subject properties are 2 to 3 storey mid terrace units fronting onto Main Street, the main retail location within Portrush. The subject comprises 2 no. ground floor retail / café units currently let to Ethersons and Bob & Berts with a residential apartment to the upper floors of No. 11 and vacant & void uppers floors to No. 13. Further details can be obtained from Agents including that of historical planning approvals for redevelopment. Tenancy Details 13 Main Street (Café) Tenant: Bob & Berts Rent: £12,500 per annum Lease: 15 years from July 2011 11 Main Street (Retail) Tenant: Ethersons Butchers Rent: £6,500 per annum Lease: TBC 11A Main Street (Residential) Rent: £2,960 per annum Lease: Annual tenancy Accommodation Details FLOOR DESCRIPTION AREAS 11 Main Street (Retail Unit) GROUND Retail Area Prep Area Store Shared Rear Yard FLOOR SECOND AREAS 13 Main Street (Café Unit) c. 34.9 sq m (375 sq ft) c. 36.2 sq m (389 sq ft) c. 2.7 sq m ( 30 sq ft) - GROUND Cafe Area Kitchen Prep Area Staff Area Store W.C Customer W.C c. 78.8 sq m c. 20.4 sq m c. 24.2 sq m c. 4.9 sq m c. 7.0 sq m - (848 sq ft) (220 sq ft) (260 sq ft) ( 53 sq ft) ( 76 sq ft) - Living Kitchen Bathroom c. 15.9 sq m (171 sq ft) c. 10.0 sq m (108 sq ft) c. 5.2 sq m ( 56 sq ft) FIRST Voided - - SECOND Voided - - Bedroom 1 Bedroom 2 c. 11.9 sq m (129 sq ft) c. 18.3 sq m (197 sq ft) 11A Main Street (Residential) FIRST DESCRIPTION OKT.CO.UK EPC (Energy Performance Certificate) Sales Details 11 Main Street, Portrush PRICE: TITLE: Both: Offers invited around £170,000 No. 11 Offers invited around £ 67,500 No. 13 Offers invited around £102,500 Assumed Freehold or Long Leasehold N.A.V / Capital Value We are advised by the Land and Property Service that the current NAV for the subject is as follows: 11 Main Street Shop £5,150 13 Main Street Café £9,200 11A Main Street, Portrush The commercial rate in pound is £0.582140. We are advised by the Land and Property Service that the current Capital Value for the subject is as follows: 11A Main Street House £80,000 The domestic rate in pound is £0.007192. VAT 13 Main Street, Portrush All prices, outgoings etc are exclusive of, but may be subject to VAT. Viewing / Further Details O’Connor Kennedy Turtle 20 – 22 Stable Lane Coleraine BT52 1DQ T +44 (0)28 7034 4244 E [email protected] F +44 (0)28 7034 4949 Contact: Henry Taggart E [email protected] M 079 8955 2758 Our Ref: HT/SB/C3446G Shauna Brolly E shauna.brolly’okt.co.uk M 078 7205 5501 OKT.CO.UK OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of O’Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to this property.
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