41-47 Market Square,

Two Prime Commercial Investment Properties
(May be sold individually)
Two substantial commercial properties with excellent frontage unto Market Square situated in a prominent location adjoining Bow Street, main shopping street in the city centre with a variety of national and local retailers in neighbouring units.
1. No.41 - 43 Market Square Lisburn
Spacious accommodation of approximately 186 sqm (2000 sq ft) over three floors.
Ground Floor - 108 sqm (1163 sq ft)
First Floor - 42 sqm (452 sq ft)
Second Floor - 36 sqm (387 sq ft)
This unit is presently let to Cancer Focus Northern Ireland on a 10 year lease from 1st August 2023 at an initial rent of £10,000 pa for years 1 and 2 and £12,000 pa for years 3 and 5 with a rent review after year 5. There is a break date of 31st December 2027 - copy of lease on request.
There is a shared rear vehicular access to the rear.
Total Net Annual Value £13,500.00
2. 45-47 Market Square Lisburn
Spacious Modern Office Accommodation over two floors totalling 266 sqm
(2863.2 sq ft)
Ground Floor - 141 sqm (1522 sq ft)
First Floor - 125 sqm (1345 sq ft)
There is a shared yard to rear with six car parking spaces.
Total Net Annual Value £16,200
This property which was formally the First Trust Bank in Lisburn and is now let to Everybody Loans Ltd on a 10 year lease from 29th January 2018 at a rental of £26,500 pa. The break clause of 29th January 2023 has now lapsed. Rent review after 5 years which was not exercised.
Offers are invited for both properties as a whole or individually.
Further details from Fred or Andrew Dalzell.
N.B. These properties if amalgamated with adjoining properties may be suitable for redevelopment (subject to planning permission).

Directions

Off Bow Street.