40 & 42 Bridge Street, Banbridge, County Down, BT32 3JU
From
£180,000
Typical Mortgage
per monthDescription & Features
Prime Banbridge Commercial Investment Opportunity
A rare opportunity to acquire two excellent commercial units on the prime pitch of Banbridge Town Centre. The units are let to well known and performing local businesses providing a gross rental income of £17,900 per annum on attractive long term leases. Occupying a substantial site on Bridge Street, the premises boast high visibility thanks to a gable return leading to the public car park at Downshire Place. An attractive high yielding investment opportunity not to be missed.
- Two Retail Units let to Local Hair and Beauty Business, Little Eve's Salon and Fast Food Chinese Take-Away Restaurant, Red Dragon
- Rent passing: No. 40 Little Eve's Salon £8,000 No. 42 Red Dragon £9,900 per annum
- No. 40: 588 sq. ft No 42: 1,522 sq ft
- High Profile Location in the Heart of Banbridge Town Centre
- Longstanding, Well Known and Successful Tenants
- No. 40 has been Recently Refurbished
- Excellent Investment Opportunity
- Full Lease Information Available Through Agent
- Unexpired Lease Term Remaining: Little Eve's Salon Lease Expiry 21st April 2029, Red Dragon 21st May 2032
Room Measurements
- No. 40 Let to Little Eve's Salon
- Ground Floor: 28 sqm (301 sq. ft.) First Floor: 26.6 sqm (286 sq. ft.) Lease Summary: Rent £8,000 per annum payable monthly in advance Tenant responsible for rates and insurance Lease expiry April 2029 Tenant responsible for internal repairs and maintenance only
- No. 42 Let to Red Dragon Chinese Take-Away
- Ground Floor: 80 sqm (864 sq. ft.) First Floor: 61 sqm (658 sq. ft.) Lease Summary: Rent £9,900 per annum payable monthly in advance Tenant responsible for rates Lease expiry 21st May 2032 FRI Lease i.e. Tenant responsible for all repairs and reimbursing landlord's insurance premium
Housing Tenure
Type of Tenure
Not Provided
Location of 40 & 42 Bridge Street
Energy Rating
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