98-98a Abbey Street,

Features

• 10.7% gross return based on Purchaser`s acquisition costs of 2%
• As this is a mixed` property there will not be the usual 3% Stamp Duty
• Total current gross income £12,660 per annum
• Shop let on a three year lease to February 2026
• Flat let to September 2024 ( Landlord can get 10% rates discount)
• Ground floor is extended + two car parking spaces to rear
• Flat has a good Lounge, three bedrooms and dual access

This high-profile city centre property, enjoying on-street parking and close to public car parks, comes fully let with a well-established barber` business (here since 2008) and a duplex flat spread over the two upper floors and offers a ready-made income for anyone wishing to enjoy a return above that currently available in any standard bank account.

Each of the elements of this property has been highly lettable over the years; the shop being situated in an excellent position benefiting from a good volume of passing traffic and the flat is literally on the doorstep of all that the city centre has to offer including ready transport to Belfast and handy to coastal walks and locals parks. An appointment to view is highly recommended.


SHOP UNIT


Main shop area with display window.
Rear office/store.
Toilet.
Rear access to car parking.
Total area c.500 square feet gross.

FLAT


Entrance: stairs to 1st floor

Lounge to front.
Bedroom 1 (rear).
Return Landing with Shower Room,
Separate WC and small Kitchen.
Rear door/steps to car parking.

Stairs to 2nd floor

Bedroom 2 (front)
Bedroom 3 (rear)

The flat has double glazed windows, modern Rointe electric radiators and
a contemporary fitted shower room.



The owner of this property is connected to Robert Dunlop who is a Consultant to this office.



Directions
Travelling out of Bangor along Abbey Street, 98 is situated on the right just past `Dominos Pizza` and before the traffic lights.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.