Description
An excellent opportunity to acquire this mixed-use investment portfolio situated in the heart of Comber village, amongst a mix of new and well established businesses. Nearby businesses include the Post Office, Trait Coffee shop, Indie Fude, Hardy´s Hardware and General Store and SuperValu, whilst many residential developments are also located close by.
The properties comprise of two retail units and a residential apartment, all of which are currently rented out and generating a rental income of £13,950 per annum.
Comber had a population of 9,071 people in the 2011 Census and is situated approximately 4 miles from Newtownards at the Northern end of Strangford Lough and approximately 8 miles from the edge of Belfast city centre. The village is thriving with a host of amenities to include local boutiques, coffee shops, pubs, restaurants, churches, and an excellent choice of primary and secondary schools, not forgetting the local farmer´s market.
Features
- Excellent Mixed Use Investment Opportunity
- Comprising Of 2 Retail Units And 1 Residential Apartment - Currently All Rented Out
- Generating A Rental Income Of £13,950 Per Annum
- Situated In The Heart Of Comber Village Amongst New And Well Established Businesses
- Nearby Traders Include Post Office, Trait Coffee Shop, Indie Fude, Hardy´s Hardware And General Store And SuperValu
- Newtownards (4 Miles) Killinchy (7 Miles) Dundonald (4 Miles) Belfast (8 Miles)
Accommodation
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50 CASTLE STREET, COMBER
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Entrance
Glazed entrance door with side display windows.
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Seating Area
213 Sqft approx; tiled floor.
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Serving / Prep area
416 Sqft approx; tiled floor.
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Kitchen
293 Sqft, tiled floor approx; separate wc with low flush and wall mounted wash hand basin.
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Store
63 Sqft approx; tiled floor.
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Total Area
985 Sqft approx.
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52 CASTLE STREET, COMBER
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Retail Area
208 Sqft approx; upvc entrance door; fluorescent lighting; telephone connection point.
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Rear Retail
94 Sqft approx; fluorescent lighting.
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Kitchen
49 Sqft approx; single drainer stainless steel sink unit with mixer tap; Heatrae and Sadia hot water tank; cupboard under; separate wc with low flush wc; wall mounted wash hand basin with mixer tap; extractor fan; pvc door to yard area.
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Total Area
351 Sqft approx.
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50a CASTLE STREET
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Entrance Porch
Glazed upvc entrance door; glazed door to:-
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Entrance Hall
Stairs to first floor.
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Lounge - 5.05m x 3.38m (16'7 x 11'1 )
Cornice ceiling; telephone connection point.
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Kitchen - 3.38m x 2.49m (11'1 x 8'2)
Good range of high and low level cupboards incorporating single drainer stainless steel sink unit with mixer tap; space for electric cooker; space and plumbing for washing machine; space for fridge freezer; formica worktops; tiled walls.
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Bedroom 1 - 2.79m x 2.74m (9'2 x 9'0)
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Bathroom - 2.74m x 2.41m (9'0 x 7'11 )
White suite comprising panelled bath with mixer tap; Triton Enrich shower with wall mounted telephone shower attachment; pedestal wash hand basin with mixer tap; low flush wc; hotpress with copper cylinder; part pvc wall panelling; vinyl floor; extractor fan.
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Stairs To Second Floor
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Store - 5.08m x 2.92m (16'8 x 9'7)
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Store - 1.98m x 1.93m (6'6 x 6'4)
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LEASE DETAILS
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50 Castle Street
Currently rented to Cousins Home Catering Ltd for a period of 2 years commencing 3 February 2023 at an annual rent of £8000.00 per annum.
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50a Castle Street
Currently tenanted at a rent of £250 per calendar month until 30 April 2024.
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52 Castle Street
Currently rented to Home Start, Ards Comber and Peninsula Area for a period of 3 years commencing 1 August 2015 at an annual rent of £2950.00 per annum. The lease is currently operating on a 'holding over' basis.
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RATES
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50 Castle Street
Total Nav : £4,600.00
Rates Payable : £2,492.00 per annum
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50A Castle Street
Capital Value : £80,000
Rates Payable : £696.96 per annum
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52 Castle Street
Rates Payable : T.B.C (currently exempt as property rented out to a charity)
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NOTE
Please note : All prospective tenants should make their own enquiries to confirm the NAV/rates payable.
