83-111 Church Street, Ballymena, County Antrim, BT43 6DG

Offers Over

£550,000

Typical Mortgage

per month

Commercial Property

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Description & Features

Town Centre Retail Investment / Re-development Opportunity For Sale
Currently generating a rental income of £36,500 p.a.x.
Town Centre re-development opportunity (subject to planning approval)
Site Area - circa 0.9 acres
Unit 1 (circa 1806 sqm/ 19,439 sq ft) registered a derelict & currently exempt from rates
Unit 2 (circa 370 sqm/3,982 sq ft) Let to Ballymena Gospel Hall
Unit 3-4 (circa 305 sqm/3,282 sq ft) Let to Bonmarche
Unit 5 (circa 146 sqm/1,571 sq ft) Let to Barnardos
Unit 6 (circa 211 sqm/2,271 sq ft) Let to Select Kidz
Full Tenancy Schedule available on request

The property is currently sub-divided to provide 4 separate retail units. The property is of traditional construction providing a mix of ground floor retail accommodation and ancillary storage at first floor. The former Tesco unit has experienced some water ingress.

The property extends to a site area of circa 0.9 acres as outlined and returns onto a circa 1.3 acre car park, currently owned by Mid & East Antrim Borough Council.

The subject property enjoys prominent frontage to Church Street, immediately opposite McKillens Footwear, with a frontage extending to circa 60 metres, with units occupied by some familiar high street names.

Room Measurements

93/111 Church Street: The Trustees of Cambridge Avenue Ballymena Gospel Hall Area- 3,982sqft
87-91 Church Street: Bonmarche Properties Limited Area- 3,139sqft
87/89 Church Street: Barnardos Area- 1,478sqft
83/85 Church Street: Select Kidz Area- 2,450sqft
Joint Agents with Colliers: T – 07730502897 E – ian.duddy@colliers.com