62-64 Main Street, Saintfield, BT24 7AB

Asking Price

£150,000

Typical Mortgage

per month

Commercial Property

Contact Quinn Estate Agents (Ballynahinch)

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Description & Features

Excellent Investment Opportunity
Main Street frontage in Saintfield
Premises well presented throughout
Fully Occupied and Income Producing
Long Established & respected local Tenant
Two Units currently Occupied as one
Viewing: Strictly by Appointment

Unusually perhaps, these are two adjoining ground floor shop premises both occupied by one tenant (Business un-affected) but under separate leases and with no connection to the remaining upper floors which are separately accessed and occupied or to yard/land at rear. Both are ideally positioned in the centre of the main shopping area with regular passing traffic flow and pedestrian shoppers drawn to the range of services in this historic village. Saintfield straddles the main A7 with it’s direct connections to both the City of Belfast and Downpatrick and is highly regarded for its commercial enterprises, general stores boutiques and eating establishments. The premises are being sold together.

Room Measurements

Title: We understand that the premises are held on a Fee Farm Grant dated 16 December 1941 from Michael Charles Perceval Price. No further information is available at this stage.
Rates: Rates: Land & Property Services web site confirm the following Capital Value in respect of both properties. No 62 Main Street Saintfield BT24 7AB Total NAV Value £5,250-00 (Rates £3,047.80 ) No 64 Main Street Saintfield BT24 7AB Total NAV Value £4,700-00 (Rates £2,728.51)
Lease Details - No 62: No 62 Main Street Saintfield BT24 7AB Lease dated 01 October 2012 Three Year Term CURRENT RENT £5,830.00, Paid monthly Tenant Liable to pay Commercial Rates Tenant liable to pay Insurance contribution
Lease Details - No 64: Lease dated 06 October 2009 Three Year Term Current Rent £4,000.00 paid monthly Tenant liable to pay Commercial Rates