FOR SALE

FOR SALE
7034 4244
OKT.CO.UK
All Offers With Proof of Funding To Be Received Before Thursday 21 August 2014
(If Not Previously Sold)
11 / 13 Main Street
Portrush
Co. Antrim
BT56 8BL
Belfast Office: 22 Adelaide Street, Belfast BT2 8GD
Mixed Use / Commercial
Investment
Currently Generating £21,960
Rental Income Per Annum
T: +44 (0)28 9024 8181 F: +44 (0)28 9024 8188 E: belfast@okt.co.uk
Northern Office: 20 – 22 Stable Lane, Coleraine BT52 1DQ T: +44 (0)28 7034 4244 F: +44 (0)28 7034 4949 E: coleraine@okt.co.uk
Partner: Brian Kennedy FRICS FCIArb, Brian Turtle MRICS, Mark Patterson MSc MRICS, Iain McCabe BSc (Hons) MRICS, Ross Sweeney (Hons) MA MRICS
Associates: Tracy Moffett BSc (Hons) MRICS, Henry Taggart BSc (Hons) MRICS, Alan McKinstry BSc (Hons) MRICS, Michael Burke BSc (Hons) MRICS
OKT.CO.UK
Location / Description
Opportunity to purchase this commercial
investment currently generating a rental income of
£21,960 per annum.
Portrush is a popular seaside town in County
Antrim, Northern Ireland on the border of County
Londonderry. It lies approximately 4 miles north of
Portstewart and Coleraine and is a popular
commuter location due it its close proximity to
Coleraine Town Centre and University of Ulster
campus.
The subject properties are 2 to 3 storey mid
terrace units fronting onto Main Street, the main
retail location within Portrush. The subject
comprises 2 no. ground floor retail / café units
currently let to Ethersons and Bob & Berts with a
residential apartment to the upper floors of No. 11
and vacant & void uppers floors to No. 13.
Further details can be obtained from Agents
including that of historical planning approvals for
redevelopment.
Tenancy Details
13 Main Street (Café)
Tenant:
Bob & Berts
Rent:
£12,500 per annum
Lease:
15 years from July 2011
11 Main Street (Retail)
Tenant:
Ethersons Butchers
Rent:
£6,500 per annum
Lease:
TBC
11A Main Street (Residential)
Rent:
£2,960 per annum
Lease:
Annual tenancy
Accommodation Details
FLOOR
DESCRIPTION
AREAS
11 Main Street (Retail Unit)
GROUND
Retail Area
Prep Area
Store
Shared Rear Yard
FLOOR
SECOND
AREAS
13 Main Street (Café Unit)
c. 34.9 sq m (375 sq ft)
c. 36.2 sq m (389 sq ft)
c. 2.7 sq m ( 30 sq ft)
-
GROUND
Cafe Area
Kitchen
Prep Area
Staff Area
Store
W.C
Customer W.C
c. 78.8 sq m
c. 20.4 sq m
c. 24.2 sq m
c. 4.9 sq m
c. 7.0 sq m
-
(848 sq ft)
(220 sq ft)
(260 sq ft)
( 53 sq ft)
( 76 sq ft)
-
Living
Kitchen
Bathroom
c. 15.9 sq m (171 sq ft)
c. 10.0 sq m (108 sq ft)
c. 5.2 sq m ( 56 sq ft)
FIRST
Voided
-
-
SECOND
Voided
-
-
Bedroom 1
Bedroom 2
c. 11.9 sq m (129 sq ft)
c. 18.3 sq m (197 sq ft)
11A Main Street (Residential)
FIRST
DESCRIPTION
OKT.CO.UK
EPC (Energy Performance Certificate)
Sales Details
11 Main Street, Portrush
PRICE:
TITLE:
Both:
Offers invited around £170,000
No. 11
Offers invited around £ 67,500
No. 13
Offers invited around £102,500
Assumed Freehold or Long Leasehold
N.A.V / Capital Value
We are advised by the Land and Property Service that the
current NAV for the subject is as follows:
11 Main Street
Shop
£5,150
13 Main Street
Café
£9,200
11A Main Street, Portrush
The commercial rate in pound is £0.582140.
We are advised by the Land and Property Service that the
current Capital Value for the subject is as follows:
11A Main Street House
£80,000
The domestic rate in pound is £0.007192.
VAT
13 Main Street, Portrush
All prices, outgoings etc are exclusive of, but may be subject to
VAT.
Viewing / Further Details
O’Connor Kennedy Turtle
20 – 22 Stable Lane
Coleraine BT52 1DQ
T +44 (0)28 7034 4244
E coleraine@okt.co.uk
F +44 (0)28 7034 4949
Contact:
Henry Taggart
E henry.tagggart@okt.co.uk
M 079 8955 2758
Our Ref: HT/SB/C3446G
Shauna Brolly
E shauna.brolly’okt.co.uk
M 078 7205 5501
OKT.CO.UK
OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a
general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all
descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and
are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or
representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the
employment of O’Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to this property.