170-178 Church Road, Glengormley, Antrim, BT36 6HA
Offers invited in the region of
£470,000
Typical Mortgage
per monthInvestment
Contact Frazer Kidd LLP
Description & 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 Seventy Thousand Pounds) exclusive of VAT and subject to contract.
- An acquisition at this level would reflect a net initial yield of 8.47% after purchaser's costs of 5.63%.
- 172 Church Road - EPC Rating - D91
- 174 Church Road - EPC Rating - C72
- 176 Church Road - EPC Rating - D98
- 178 Church Road - EPC Rating - D92
Multi-Tenant Investment Opportunity situated in a prominent location on Church Road at the junction on the Antrim Road, Glengormley.
Glengormley is situated in a prominent location on Church Road at the junction on the Antrim Road 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 rood construction and part pitched and exterior wall of red brick.
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