FOR SALE – MIXED USE PART-LET INVESTMENT OPPORTUNITY

Currently producing an income of £16,500 per annum, with modern first floor apartment vacant and ready for occupation. 

LOCATION:-

Part-let prime investment opportunity in the heart of Royal Hillsborough, on the main thoroughfare, benefitting from high footfall and visibility.

The picturesque and affluent village of Hillsborough is a popluar location for families, young professionals, visitors, tourists and shoppers, offering an ever-expanding variety of speciality shops, artisan cafes, bespoke boutiques, ward winning bars and restaurants, and tourist attractions, with beautiful walks through both the Forest Park and Hillsborough Castle and gardens. 

Hillsborough is strategically located on the Belfast-Dublin corridor and is well served by main arterial routes, ideally situated for commuters with ease of access to both the A1 and M1 road networks, leading to Lisburn, Belfast, Dublin and beyond.

DESCRIPTION:-

The subject property comprises a prominent period building with a ground floor Café/Coffee shop premises and one parking space to the rear. The first-floor two-bedroom apartment has been fully modernised and is accessed via a separate door to the rear of the building. Both units benefit from oil fired central heating.

GROUND FLOOR PREMISES CAFE/COFFEE SHOP:- 

Area:-

Ground floor seating:- 48.31 Sq mt (520 Sq ft).

Kitchen:- 13.51 Sq mt (145 Sq ft).

Lower Floor:- 16.13 Sq mt (173 Sq ft).

W.C.:- 4.2 Sq mt (46 Sq ft)

Upper Tier Seating:- 12.16 Sq mt (130 Sq ft).

Total Area:- 94.3 Sq mt (1014 Sq ft)  

FIRST FLOOR APARTMENT:- 

The first-floor apartment offers modern and spacious split-level accommodation, extending to c.1000 sq ft to include, bright living room with archway to dining room, separate well-appointed kitchen with full complement of integrated appliances, two double bedrooms, and a spacious contemporary bathroom with bath and separate shower enclosure. 

Apartment furnishings available to purchase by separate negotiation. 

Accommodation:-

Entrance Porch:-

Stairs to:-

Hallway:-

Living Room:- 20’8” x 7’10”.

Archway to:-

Dining Room:- 11’6” x 8’10”.

Open to:-

Kitchen:- 8’10” x 8’10.

Bedroom (1) 16’3” x 7’2”.

Bedroom (2) 16’3” x 10’4”

Bathroom:- 12’8” x 9’3”

 SALES DETAILS:-

PRICE:- We are seeking offers over £500,000 Exclusive.

TITLE:- We assume the property is held under freehold title.

VAT:- All prices, outgoings etc are exclusive of, but may be subject to VAT.

 

AddressDescriptionTenantRent (P.A.)Estimated Rent (P.A.)Lease DetailsRateable ValueEstimated Rates PayableEPC20 Main StreetGround Floor CafeLittle Del Toro£16,500 5 Years with effect from 1st February 2024£9,500

£5444.48

(Paid by Tenant)

66C20B Main StreetFirst Floor 2 Bed ApartmentVacant Available on request. £120,000£1,04453E   £16,500     

• Rates may be eligible for Small Business Relief.
• Please note that all prospective purchasers should make their own enquiries toc confirm the NAV/rates payable.

 

VIEWING:- 

Strictly by appointment with sole agents Downshire Estate Agents.

Please contact our Hillsborough office: 

Tel :- 028 92 682762

E.mail:- Info@Downshiresstatesgents.co.uk

 

Downshire Estate Agents and for the Vendors or Lessors of this property whose agents they are give notice that i) these particulars are given without responsibility of Downshire Estate Agents or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Downshire Estate Agents cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection the accuracy of each of them; iii) no employee of Downshire Estate Agents has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking professional advice; v) Downshire Estate Agents will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.. Please note we have not tested any systems in this property, and we recommend the purchaser checks all systems are working prior to completion.