2 Park Street, Coleraine, BT52 1BD
£59,500
Description & Features
Superb investment opportunity for someone wishing to purchase a prime town centre retail unit for either rental purposes or for conversion to residential dwelling subject to necessary consents. The property currently has a shop with upstairs lounge /kitchen area and has use of a communal area to side . There are several large commercial redevelopments planned for the immediate vicinity.
- PVC Double Glazed Windows
- Town Centre Location
- Could Be Suitable For Conversion Back Into Home Subject To Necessary Consents
- Current Tenant Is Has a 5 Year Lease (from May 2024) Deriving A Rental Income of £6,000.00 p/a
Room Measurements
- RECEPTION: 4.04m x 3.84m (13' 3" x 12' 7")
- With strip lighting, laminate wood floor and door leading onto Park Street.
- MAIN OFFICE: 4.85m x 3.99m (15' 11" x 13' 1")
- With strip lighting and laminate wood floor.
- REAR OFFICE: 3.58m x 3.53m (11' 9" x 11' 7")
- With storage cupboard and laminate wood floor.
- SEPARATE WC:
- With wash hand basin.
- KITCHEN: 3.58m x 3.02m (11' 9" x 9' 11")
- With single drainer stainless steel sink unit, fireplace and shelving.
- LOUNGE: 3.18m x 2.67m (10' 5" x 8' 9")
- With fireplace, built in storage and additional built in storage with shelving.
- Common yard with bins.
Ground Floor
First Floor
Outside
Housing Tenure
Type of Tenure
Leasehold
Ground Rent
£0.00
A review period for ground rent has not been provided
Service Charge
£0.00
A review period for service has not been provided
Length of Lease
Not Provided
Costs to Consider
Rates
£2,832.16 per annum
Stamp Duty
£0*
Ground Rent
Not Provided
Service Charge
Not Provided
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