2451sq ft
For
Sale
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47 - 48 The Promenade, Portstewart, BT55 7AE
For
Sale
File Ref: C4610
Centrally Located Ground Floor Retail Unit with Upper Floor Apartments
AVAILABLE IN ITS ENTIRETY
OR NOW AVAILABLE IN UP TO 3 SEPARATE LOTS
Lot 1 - Ground Floor Unit (1,551 sq ft)
Lot 2 - First Floor Apartment (400 sq ft)
Lot 3 - Second Floor Apartment (500 sq ft)
The property has been really well maintained and was fully renovated just over 20 years ago include the creation of an apartment at each of the two upper floor levels, both of which are again in good order and currently occupied under residential annual tenancies to reliable tenants.
The panoramic sea views from the property are naturally exceptional and traverse over the North Atlantic to Portstewart Strand, Mussendun Temple, Innishowen and beyond to other parts of County Donegal.
The sale is likely to attract strong interest so bidders are encouraged to get in touch at their earliest opportunity to get the best chance to purchase in this instance.
| Ground Floor Retail: | c. 1,551 sq ft (144 sq m) |
| First Floor Apartment: | c. 400 sq ft (37 sq m) |
| Second Floor Apartment: | c. 500 sq ft (46 sq m) |
We are seeking offers over £685,000 for the entirety or in up to 3 lots :-
Lot 1 Ground Floor Retail Unit - £275,000
Lot 2 1st Floor Apartment A - £220,000
Lot 3 2nd Floor Apartment B - £235,000
N.B. If the sale proceeds in lots the completion dates for sales will required to be concurrent.
NAV / Capital Value
COMMERCIAL SHOP NAV: £8,400 / Estimated rates payable £4,664.73
APARTMENT A CV: £90,000 / Estimated rates to be confirmed
APARTMENT B CV: £110,000 / Estimated rates to be confirmed
All perspective purchasers 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.
47 - 48 The Promenade, Portstewart, BT55 7AE
Portstewart is a well established good commuter town and a strong tourist destination, being situated right at the centre of the Causeway Coast A2 route.
Accommodation Details
| Ground Floor Retail: | c. 1,551 sq ft (144 sq m) |
| First Floor Apartment: | c. 400 sq ft (37 sq m) |
| Second Floor Apartment: | c. 500 sq ft (46 sq m) |
Sales Details
We are seeking offers over £685,000 for the entirety or in up to 3 lots :-
Lot 1 Ground Floor Retail Unit - £275,000
Lot 2 1st Floor Apartment A - £220,000
Lot 3 2nd Floor Apartment B - £235,000
N.B. If the sale proceeds in lots the completion dates for sales will required to be concurrent.
NAV / Capital Value
COMMERCIAL SHOP NAV: £8,400 / Estimated rates payable £4,664.73
APARTMENT A CV: £90,000 / Estimated rates to be confirmed
APARTMENT B CV: £110,000 / Estimated rates to be confirmed
All perspective purchasers 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.
47 - 48 The Promenade, Portstewart, BT55 7AE
Portstewart is a well established good commuter town and a strong tourist destination, being situated right at the centre of the Causeway Coast A2 route.