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26 - 30 Kingsgate Street, Coleraine, BT52 1LE

For Sale

Investment

2525Sq Ft

Offers Around £325,000

For
Sale

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File Ref: C4617

Prominent Commercial Investment Property (available due to relocation of owners business)

2,525

Current rating: E103

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Opportunity to purchase this well known and highly visible corner premises, benefiting form a strong pitch on the sunlit elevation of the street, with partial recent letting to a quickly growing floral artist (No. 30) and short term lease for the bespoke travel advisors (No. 26 -28) which is available if requested prior to arranging for owner occupation or for new letting as desired.

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No. 26 - 28 1580 Sq Ft
No. 30 945 Sq Ft
No. 26 - 28: Owner Occupier may be willing to lease back for a period of time to be negotiated.
No. 30 Let for 2 years initially from 01/07/2023 rental details available by request
Price Inviting Offers Around £325,000
Title Assumed freehold

NAV / Capital Value

NAV: £21,900
Estimated rates payable in accordance with LPS Website: £12,162
NOTE: The property is eligible for small business rate relief which would reduce the rates by a further 20%
All perspective purchasers/tenants should make their own enquiries to confirm the NAV / rates payable.

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.

26 - 30 Kingsgate Street, Coleraine, BT52 1LE

The subject property is located on Kingsgate Steet occupied by a range of national and local traders. Nearby occupiers include Ground Expresso Bars, Couples Fashions, Burns & Co Outfitters, Pear Tree Café and Ken Young Fashions.

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Accommodation Details

No. 26 - 28 1580 Sq Ft
No. 30 945 Sq Ft

Lease Details

No. 26 - 28: Owner Occupier may be willing to lease back for a period of time to be negotiated.
No. 30 Let for 2 years initially from 01/07/2023 rental details available by request

Sales Details

Price Inviting Offers Around £325,000
Title Assumed freehold

NAV / Capital Value

NAV: £21,900
Estimated rates payable in accordance with LPS Website: £12,162
NOTE: The property is eligible for small business rate relief which would reduce the rates by a further 20%
All perspective purchasers/tenants should make their own enquiries to confirm the NAV / rates payable.

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.

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Thank you for your enquiry.

26 - 30 Kingsgate Street, Coleraine, BT52 1LE

The subject property is located on Kingsgate Steet occupied by a range of national and local traders. Nearby occupiers include Ground Expresso Bars, Couples Fashions, Burns & Co Outfitters, Pear Tree Café and Ken Young Fashions.

Download brochure

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