142 Doagh Road - Units 1-5, Newtownabbey, Antrim, BT36 6BA

Offers in the region of

£1,300,000

Typical Mortgage

per month

Investment

Contact Agent

Frazer Kidd LLP

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Description & Features

Opportunity to acquire a fully let commercial neighbourhood shopping scheme anchored by Tesco with other tenants including Subway, Juniors Fish & Chips, and Bondi Pilates.
Private car park with c. 42 spaces.
Currently producing an income of £103,819 per annum.
Seeking offers in the region of £1.30m which reflects a net initial yield of 7.54%.
Highly accessible location, within close proximity to Belfast, Carrickfergus and Glengormely.

The property comprises of 4 adjoining single storey commercial units totalling to c. 7,149 sq ft. The property is of block and brick-built construction, with a tiled roof, glazed shop frontages and electrically operated roller shutter doors. Each of the four premises are currently occupied by Tesco, Subway, a fish and chip shop trading as ‘Junior Fish & Chips’, and a pilates studio trading as ‘Bondi Pilates’. The property benefits from having its own private car park.

Housing Tenure

Type of Tenure

Not Provided

Location of 142 Doagh Road - Units 1-5

The subject property is situated on the Doagh Road, Cloughfern, Newtownabbey close to Whiteabbey Hospital. The property occupies an extremely prominent location overlooking the roundabout at the busy intersection of roads running between Jordanstown/Belfast/Glengormley and Monkstown. Cloughfern is situated approximately 6 miles from Belfast City Centre, 7 miles from Carrickfergus, and 2 miles from Glengormley. The area is densely populated with a number of large housing estates located in the surrounding area.

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