44a - 44d Longstone Street44a - 44d Longstone Street44a - 44d Longstone Street

44a - 44d Longstone Street,

Lisburn, BT28 1TP

Retail

Sale agreed

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Contact Shooter Property Services (Lisburn)

+44 28 9266 6556

17-19 Market Street, Lisburn, BT28 1AB
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Property Overview

Status

Sale Agreed

Style

Retail

Property Financials

Price

Last listed at £400,000

Property Engagement

Views Last 7 Days

25

Views Last 30 Days

125

Views All Time

2,741

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property description image

Features

  • A Fully Let Parade of 4 no. Retail Units on Well Let Longstone Street, Lisburn
  • Current Passing Rent £34,600 p.a.x
  • Asset Management Potential to Increase Rental Returns
  • Long Standing and Fully Performing Tenants
  • High Profile Location with Good Footfall
  • Relatively Modern Building
  • Historically Low Vacancy Levels on Longstone Street
  • Large Private Car Park to Rear May be Suitable for Development (Subject to Planning) Total Site Area c. 0.2 acres
  • Full Lease Details are Available Through Shooter Property Services Lisburn Office
  • Viewings can be Arranged Through Shooter Property Services Lisburn Office

Attractive Multi-Let Investment Opportunity

Presenting a highly attractive commercial investment for sale. A parade of 4 number retail units, fully let to performing and long established tenants. The property benefits from a high profile position on Longstone Street and boasts a relatively large rear yard which may be suitable for further development (subject to planning). Gross passing rent is £34,600 with scope to re-gear leases and grow returns. A viewing is highly recommended.

44a Longstone Street
Tenant - Pennys Nails and Beauty. Lease expired April 2011, currently holding over. Passing rent £8,250.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44b Longstone Street
Tenant - Saikung Night Chinese Restaurant. Current lease expires 31st July 2032. Passing rent £9,000.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44c Longstone Street
Tenant - Opium Barbers. Lease expired 31st March 2015, currently holding over. Current rent £8,350.00 per annum. 82 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.
44d Longstone Street
Tenant - Paramount Pizza. Current lease expires 30th April 2028. Rent £9,000.00 per annum. 85 square metres (GIA) over ground and first floors. Glazed frontage with electric roller shutters.

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