48 & 48a Bridge Street,
Banbridge, BT32 3JU
2 Bed Apartment / Flat
Guide Price £199,950
2 Bedrooms
1 Bathroom
1 Reception
Contact Shooter Property Services (Banbridge)
+44 28 4066 2206
Property Overview
Status
For Sale
Style
Apartment / Flat
Bedrooms
2
Bathrooms
1
Receptions
1
Property Features
Tenure
Not Provided
Energy Rating
Property Financials
Price
Guide Price £199,950
Stamp Duty
Rates
Not Provided*¹
Typical Mortgage
Features
- Excellent Investment Opportunity
- Commercial Lease to Gardner & Allen Opticians Passing Rent £10,040 pax Lease Expiry June 2026
- Private Tenancy at 48A Passing Rent £450 pcm
- Large Private Rear Yard Accessed via Shared Entry
- Well Maintained Building Internally and Externally - Up to date Fire Alarm Systems
- Fully Performing Tenants
- Various Asset Management Opportunities
- High Profile Bridge Street Location
- Adjacent to Many Well Known and Successful High Street Businesses
- Full Lease Information Available on Request
Excellent Commercial and Residential Investment Opportunity
A superb opportunity to acquire a high profile mixed use investment in a prime high street location. The opportunity comprises a retail unit on a lease to long estbalished local opticians Gardner & Allen, and a two bedroom flat let on a private tenancy. The property includes sizeable rear yard for parking / potential future development opportunities (subject to approvals). Further information available through the selling agents.
- Number 48 - Ground Floor Retail Unit
- 61 sqm / 656 sq. ft. Net Internal Area plus kitchenette and W.C Full height glazed frontage with electric roller shutter. Suspended ceiling and air conditioning cassette. Currently let to Gardner & Allen Opticians at £10,040 per annum with lease expiry June 2026 (lease includes store/former flat on 1st floor known as 48B).
- Residential Flat - 48A
- Self contained flat in good order, arranged over first and second floors comprising two bedrooms, lounge, kitchen/dining, bathroom. Currently subject to a private tenancy with passing rent £450 pcm.
- Store / Former Residential Flat - 48B
- Self contained first floor store / former flat with accommodation comprising kitchen/lounge, two x bedrooms and bathroom. Currently included in extant lease to Gardner & Allen Opticians and used as storage.
- Externally
- Right of Way Entry shared with neighbouring property. Leading to exclusively owned parking yard to rear finished in stone.
- Rates
- 48 - Estimated Non Domestic Rates Bill 2024/25 £3,183.58 (inc. 20% SBRR) 48A - Estimated Domestic Rates Bill 2024/25 £606.54
