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Church Street/Butcher Street, Strabane

Price on Application £0
  • Church Street/Butcher Street, Strabane

  • ADDITIONAL INFORMATION

    • INCOME PRODUCING INVESTMENT OPPORTUNITY - £11,900 P.A. (POTENTIAL £14,600)
    • EXCELLENT TOWN CENTRE OFFICE ACCOMMODATION & COMMERCIAL UNITS
    • C.1,500 SQ FT OFFICE EXTENDING OVER 1ST AND 2ND FLOORS (CHURCH STREET)
    • COMMERCIAL UNITS (BUTCHER STREET)
    • MODERN FIXTURES AND FITTINGS THROUGHOUT
    • EXTENSIVE FRONTAGE ONTO CHURCH/ BUTCHER STREET
    • PUBLIC CARPARK IN CLOSE PROXIMITY

    Location:

    Strabane is a vibrant provincial town which benefits from a strong cross border trade. Located off the A5 approximately 13 miles SouthWest of Derry and c.20 miles North of Omagh.

    The subject premises is located on Church Street at the junction with Butcher Street in Strabane Town Centre close to the public car park.


    1 Church Street, Strabane

    Description:

    The office accommodation extends over first and second floors and is finished to a high specification to include; carpet floor covering, suspended ceilings, recessed fluorescent lighting, fitted kitchen on both floors, alarm system, intercom system and disabled WC toilet facilities.

    Accommodation:

    Ground Floor:

    Reception Area: 240 sq ft
    Office 1: 158 sq ft
    Office 2: 90 sq ft
    Office 3: 114 sq ft
    Kitchen: 70 sq ft
    W.C: 30 sq ft

    First Floor:

    Open Plan Office: 415 sq ft
    Office 5: 146 sq ft
    Office 6: 79 sq ft
    Kitchen: 100 sq ft
    Storage: 80 sq ft

    31 Butcher Street - Occupied by Postal Store

    Office c.305 sq ft
    W.C: c.32 sq ft

    31b Butcher Street - Vacant (First Floor Office)

    Office: c.158 sq ft
    Office: c.114 sq ft 
    W.C: c.15 sq ft

    Measurements are quoted for general guidance and should not be relied upon when making business decisions without the prospective purchaser carrying out a more detailed survey.

    Asking Price:
    Price on Application

    Current Lease Details:

    1 Church Street - Let to SDLP on a 5 year Term from 31 March 2017 with a rental income of £8,000 p.a.

    31 Butcher Street - Let to Postal Store to September 2017 with an rental income of £3,900 p.a.

    31 Butcher Street - Vacant

    Repairs/ Insurance:

    Assumed Internal Repairing and Insuring

    Service Charge:

    N/A

    Rates:

    1 Church Street - We are advised that the current NAV is £5,450.00

    Rates payable 2017/18: £3,250.52

    31 Butcher Street- We are advised that the current NAV is £3,050.00

    Rates payable 2017/18: £1,853.82

    31b Butcher Street- We are advised that the current NAV is £1,700

    Rates Payable 2017/18: £911.78

     VAT:

     All Prices, outgoings etc. quoted are exclusive of, but may be subject to VAT.


  • Asking Price:
    £0
  • House Type:
  • Bedrooms:
    0
  • Bathrooms:
    0

Location

location of this property for sale