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Retail Investment for Auction Larne BT40
Auction Date
16 April 2025
Guide Price
£500,000
Property Summary
Guide Price £500,000. The two storey mid terrace property provides a ground floor retail store which is fitted to a modern standard. There is a first floor which provides further anicllary accommodation.The property benefits from a large enclosed yard. Tenancy: A 20 year lease term with effect from 7th February 2013 at an annual passing rent of £51,729.56. The lease is subject to 5 yearly rent reviews. The rent reviews are RPI linked collared and capped at 1% and 4% respectively.
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