Key Features
Detached Commercial Garage/Workshop Close To Newtownards Town Centre
Development Potential With An Application Submitted For Four Apartments
Previously Rented for £950 Per Month With A Return Of Nearly 9% Yield
Enclosed Yard With Roller Door And Space For A Number Of Vehicles
Storage Room And Office/Kitchen Space
Ideal Premises For Anyone In The Car Industry
Description
Previously rented at £950 per month, this property offered an excellent return of nearly 9% yield.
The property also offers development potential, subject to necessary approvals. A planning application has been submitted for four apartments.
LA06/2022/0327/F - Demolition of existing building and associated yard walls. Erection of 4no. apartments comprising two 1.5 storey blocks, with associated parking and landscaping.
Rooms
Accommodation Comprises:
Garage/Workshop 24'10" X 32'2" (7.59m X 9.82m)
Tiled floor, space for work benches, roller door, space for a number of vehicles.
Office/Kitchen 11'6" X 9'9" (3.52m X 2.99m)
Storage Room 7'7" X 9'1" (2.33m X 2.79m)
Space for storage and shelving.
W/C
Plumbed for wash hand basin, low flush w/c and tiled floor.
Enclosed Yard
Roller door, space for three or four vehicles.