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157 Strand Road Derry / Londonderry, BT48 7PR

£160,000

Key Information

Address 157 Strand Road Derry / Londonderry, BT48 7PR
Price Last listed at Offers around £160,000
Style Investment Property
EPC Rating D96
Status Sale Agreed
   

Additional Information

FOR SALE

157 STRAND ROAD

CITYSIDE, BT48 7PR

INVESTMENT OPPORTUNITY

3 STOREY COMMERCIAL UNT SITUATED IN A PRIME LOCATION ALONG THE BUSY AND VIBRANT STRAND ROAD

OCCUPIES VISIBLE & CONVENIENT LOCATION SURROUNDED BY A MIX OF RETAIL AND FOOD SERVICE PROVIDERS INCLUDING SAINSBURYS, WHEELERS, ROMEO’S AND LONG’S SUPERVALU STORE

FEATURES

  • Occupying a prominent position along one of Derry’s main arterial routes into the City centre
  • Extending to approx. 127 sq ms over 3 floors (according to LPS)
    • Ground Floor  63sq ms
    • First Floor:      39 sq ms
    • Second Floor: 25sq ms
  • Rental income: £16,000 per annum
  • Tenancy details: The property is let to the tenant, Bradleys Pharmacy, on a 10 year lease from October 2023
  • Accommodation consists of retail space on the ground floor, office, storage x 2, kitchen and male & female WCs on the 1st floor and further office space on 2nd floor
  • NAV: As per Land and Property Service online website, the NAV for the subject property is as follows:
  • Property Type: Non-Domestic / Shop £8,450.00

Important notice to purchasers:  We have not tested any systems or appliances at this property. Alexander Gourley Ltd, for themselves & for the vendors, whose agents they are, give notice that:-  (1)  The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute part of an offer or contract, (2) All descriptions, dimensions, references to conditions & necessary permissions for use and occupation, & other details, are given in good faith & are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspections or otherwise as to their correctness, (3) No person in the  employment of  Alexander Gourley Ltd has any authority to make or give any representation or warranty in relation to this property