12-14 North Street,
Lurgan, BT67 9AQ
Investment Property
Offers Over £500,000
Contact McKibbin Commercial
+44 28 9050 0100
Property Overview
Status
For Sale
Style
Investment Property
Property Features
Energy Rating
Property Financials
Price
Offers Over £500,000
Property Engagement
Views Last 7 Days
35
Views Last 30 Days
210
Views All Time
2,600
DESCRIPTION
The subject comprises a modern three storey mixed use commercial and residential building, constructed to a high specification in 2005. The building comprises 2 ground floor retails units, together with 4 no. apartments on the upper floors.
The property is currently producing a gross income of £32,800 per annum with potential to increase this to £41,820 per annum on reletting of the vacant retail unit at 14 North Street.
The property is situated on a sizable site of 0.3 acres with vehicular entry leading to the rear which currently provides surface car parking. The land may have further development potential, subject to planning permission.
LOCATION
The subject property occupies a prominent location on North Street, a busy commercial thoroughfare on the edge of Lurgan Town Centre and in close proximity to Lurgan Railway Station and the Motorway Network via Junction 10.
Lurgan is a busy market town located approximately 25 miles south-west of Belfast with a resident population of approximately 25,000.
For further details please see attached brochure, or to arrange a viewing please contact Brian Wilkinson or Stuart Parker on 02890 500100
