3-5 Dunmore Street, Coleraine, County Londonderry, BT52 1EL
£475,000
Contact Osborne King
Description & Features
- Fast Food Investment
- c. 1,773 sq ft (164.8 sq m)
Located in a prominent position just south of the town centre and facing the town’s main car park. This ground floor retail unit is fully occupied by Domino’s Pizza and fitted to their corporate specification.
Ground Floor only - 1,773 sq ft (164.70 sq m)
Title
We have not had sight of the Title but assume that the property is held in Long Leasehold.
Sale Details
We have been instructed to seek offers in excess of £475,000 exclusive.
Lease Details
Tenant: DP Realty Limited.
Term: 20 years from 16 November 2021.
Rental: £30,000 per annum plus VAT if applicable.
Rent Review: Upward only every fifth year to open market value.
Renew: The tenant has the option to renew for a further 20 years.
EPC - D95
Location of 3-5 Dunmore Street
Coleraine is situated approximately 55 miles north west of Belfast and 30 miles east of Derry city. The town is home to an Ulster University campus of approximately 6,000 students with the population of Coleraine c. 23,625 according to 2021 Census.
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