Excellent Investment Opportunity Newtownards BT23

Guide Price: £40,000
Auction Date: 18/10/2024

Property Types

Guide Price £40,000. The subject property consists of two adjoining end terrace units with retail/showroom accommodation at ground floor level. The first floor has been sealed off. The property has a pitched roof with smooth render finish on the walls and benefits from two electric roller shutters. It is finished to include solid floor overlaid with carpet and vinyl, plastered and painted walls plus fluorescent strip lighting. The property is currently occupied and trading  at a rent of £3,600 per annum. The property is leased for a term of 10 years with effect from 1 September 2022. There is a tenant break and rent review at the end of year 5.

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