170-178 Church Road170-178 Church Road170-178 Church Road

170-178 Church Road,

Glengormley, BT36 6HA

Multi-Tenant Investment Opportunity

Offers Around £470,000

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Contact Frazer Kidd LLP

+44 28 9023 3111

Property Overview

Status

For Sale

Style

Investment Property

Property Financials

Price

Offers Around £470,000

Property Engagement

Views Last 7 Days

56

Views Last 30 Days

297

Views All Time

2,978

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property description image

Features

  • Fully-let retail investment situated in the heart of Glengormley.
  • All five units are let currently producing a total income of £42,050 per annum.
  • Close-by occupiers include Mortgage IQ, Ulster Property Sales and Copius Group Recruitment.
  • We are seeking offers in the region of £470,000 (Four Hundred and SeventyThousand Pounds) exclusive of VAT and subject to contract. An acquisition at this level would reflect a net initial yield of 8.47% after purchasers costs of 5.63%.

Multi-Tenant Investment Opportunity situated in a prominent location on Church Road at the junction on the Antrim Road, Glengormley.

The property is situated in a prominent location on Church Road at the junction on the Antrim extending to approximately 2,973 sq ft (276.20 sq m)  across 5 units on a site measuring c. 0.1 acres (0.04 hectares).

The property comprises a substantial ground floor commercial property fully let to 5 different units.

Construction is of flat roof construction and part pitched and exterior wall of red brick.

Directions

Glengormley is located approximately 3.5 miles from Belfast City Centre, 1 mile from the Sandyknowes junction of the M2 Motorway providing ease of access to Belfast City Centre, as well as the wider motorway network. As a result, Glengormley is known as a popular commuter location with a significant residential population.

Agent Accreditations

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