3681Sq Ft
Sold
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Unit 7B, 20-22 Springtown Avenue, Springtown Industrial Estate, Derry / Londonderry, BT48 0LY
Sold
File Ref: 9199
Investment property producing £15,000 per annum with reversionary ERV of £20,000 per annum
3,681 sq ft
Current rating: C67
The development was constructed within the last 20 years and comprises 11 modern light industrial / trade counter units.
Unit 7B is occupied by a local gym operator.
The wider site extends to c. 3 acres and provides 108 communal car parking spaces, there is a management company in place to ensure the continued maintenance of the site.
| Unit 7B | c. 342 sq m (3,681 sq ft) |
| PRICE: | Offers over £260,000 |
| TITLE: | The property is assumed to be held by way of long leasehold title to facilitate a management company or equivalent freehold title |
NAV / Capital Value
NAV: £10,900
Estimated Rates Payable in accordance with LPS website: £6,903.65
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.
Unit 7B, 20-22 Springtown Avenue, Springtown Industrial Estate, Derry / Londonderry, BT48 0LY
Derry City is the second largest population centre within Northern Ireland and the fourth largest in Ireland, with a residential population of 150,000 and a cross border catchment of 400,000.
Accommodation Details
| Unit 7B | c. 342 sq m (3,681 sq ft) |
Sales Details
| PRICE: | Offers over £260,000 |
| TITLE: | The property is assumed to be held by way of long leasehold title to facilitate a management company or equivalent freehold title |
NAV / Capital Value
NAV: £10,900
Estimated Rates Payable in accordance with LPS website: £6,903.65
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.
Unit 7B, 20-22 Springtown Avenue, Springtown Industrial Estate, Derry / Londonderry, BT48 0LY
Derry City is the second largest population centre within Northern Ireland and the fourth largest in Ireland, with a residential population of 150,000 and a cross border catchment of 400,000.