13-15 Hanover Street,
Portadown, BT62 3ER
Freehold Shops
Offers Around £250,000
Contact Hannath
+44 28 3839 9911
Property Overview
Status
For Sale
Style
Freehold Shops
Property Features
Energy Rating
Property Financials
Price
Offers Around £250,000
Property Engagement
Views Last 7 Days
33
Views Last 30 Days
601
Views All Time
4,969
Features
- Over 10% ROI Investment Opportunity
- Rental income upto £25,100 per annum
- Ground Floor Commercial Unit & Rear Yard
- Total 4 one bed apartments (2 up 2 down)
- Architect plans for 6 -12 apartments
- Potential for futher development
- In need of modernisation
- Fully occupied at time of advert
ROI Investment and Development opportunity
** INVESTMENT OPPORTUNITY ** Mixed residential and commercial
- Ground floor commercial unit & rear yard
- 4 x one bed apartments - 2 on GF & 2 on 1F
- Fully let at time of advertising
- Rental income up to £25,100 per annum
- In need of modernization
- Prominent location on the edge of Portadown Town Centre
- Within close proximity to public car park & public transport services
- Further lease details available upon request
LOCATION
The current occupation of the property comprises of ground floor commercial for the local boxing club, with two ground floor one bedroom units occupied at £100 per week, two further one bedroom apartments located on the first floor also occupied for £100 per week.
Subject to planning permission there is further development potential and architect plans already drawn to make two further one bedroom properties or potential for an entire apartment block of 12 x one bedroom units subject to acquiring neighboring land.
These plans can be shared upon serious enquiry.
Offers in region of £250,000 with high ROI. The rental income is factored with a contractual rent increase.
VIEWING ARRANGEMENTS
By appointment only, for further information or to arrange a viewing please contact Hannath Estate Agents.
Tel. 028 38 399911
Email. [email protected]
