47 & 47a Thomas Street,
Armagh, BT61 7QB
Commercial Property
Price £129,000
Property Overview
Status
For Sale
Style
Commercial Property
Property Features
Energy Rating
Property Financials
Price
£129,000
Property Engagement
Views Last 7 Days
78
Views Last 30 Days
515
Views All Time
3,693
CPS are delighted to bring to the sale market this excellent two-storey mid-terrace commercial premises based on Thomas Street, Armagh City. This property is currently occupied by a florist on the ground floor and a holistic therapy business on the first floor, ideally suited to investor with a rental yield of 8.4%.
LOCATION
The commercial premises are situated at 47 & 47A Thomas Street, Armagh, BT61 7QB and is accessed via Ogle Street and Dobbin Street; while leading onto Market Street and Scotch Street. The unit is surrounded by predominately commercial property and has high volumes of vehicular and pedestrian passing trade.
DESCRIPTION
47 & 47A Thomas Street, Armagh comprises a two-storey retail/office premises circa 1,280 Sqft; which is currently being used as a florist and a holistic therapy business. The florists comprise an open plan shop floor, rear workshop, and a WC on the ground floor. The ground floor area of the holistic therapies business comprises an entrance hall, room, and kitchen. The first floor has a further four rooms and a WC. There is a rear garden/yard to the premises with access via a rear alleyway.
COMPRISES
Florists (47):
Ground Floor – Shop Floor – 5.28m x 4.38m
Wooden frame single glazed shop front, suspended ceiling, halogen lighting, and tiled flooring.
Ground Floor – Rear Workshop – 3.64m x 3.14m
Tiled flooring, strip lighting, and wooden frame rear door
Ground Floor – WC – 1.44m x 0.80m
White two-piece suite, wooden frame single glazed window, and tiled flooring.
Holistic Therapy Premises (47A):
Ground Floor – Entrance Hall – 4.67m x 1.64m
Laminate flooring, wooden frame single glazed door, single radiator, and storage
Ground Floor – Room 1 – 3.91m x 3.58m
Vinyl flooring, fireplace, PVC double glazed window, and double radiator
Ground Floor – Kitchen – 2.49m x 2.94m
Vinyl flooring, high- and low-level units, tiled walls, wooden frame rear door, PVC double glazed window, and small wooden frame single glazed window,
First Floor – Hall, Stairs, & Landing
Fitted carpet, and 2 x single radiators
First Floor – Room 2 – 3.77m x 3.29m
Laminate flooring, PVC double glazed window, single radiator, and old fireplace
First Floor – Room 3 – 3.00m x 2.98m
Laminate flooring, PVC double glazed window, and single radiator
First Floor – Room 4 – 4.53m x 4.20m
Fitted carpet, PVC double glazed windows, electric fireplace, and double radiator
First Floor – Room 5 – 3.00m x 3.77m
Laminate flooring, PVC double glazed window, and double radiator
First Floor – Bathroom – 2.60m x 2.05m
Cream three-piece suite including a bath, laminate flooring, tiled walls, two wooden frame single glazed windows, single radiator, and hot press.
Total – 118.92 Sqm / 1,280 Sqft
GUIDE PRICE
We have been instructed to seek a guide price of £129,000 (One Hundred & Twenty-Nine Thousand Pounds)
RATES
As per the LPS website this property has an:
- NAV of £4,900 rated as a shop & store. The rates payable for 2023/24 is £2,761.86
- NAV of £4,850 rated as ground and 1st floor rooms. The rates payable for 2023/24 is £2,733.68
VIEWING INFO
For further information or if you wish to arrange a viewing, please contact our commercial team on