12-16 Market Square North, Lisburn, BT28 1AF

Offers Around

£350,000

Typical Mortgage

per month

Investment

Contact Agent

CBRE | NI

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Description & Features

The property comprises a substantial mid-terrace three storey building. 12 and 14 Market Square North comprise ground floor retail units and have been fitted out to each tenant's specification. 16 Market Square North is currently vacant and offers the purchaser the opportunity to let the space and increase the revenue stream from the investment. The upper floors are occupied by Smyth Patterson, who operate a well established café, and have agreed to renew their lease for a further 12 months - see tenancy schedule for further details.

The property currently produces an income of £24,150 p/a.

Housing Tenure

Type of Tenure

Not Provided

Location of 12-16 Market Square North

Lisburn is one of four cities in Northern Ireland and the third largest in the province. Lisburn has excellent road connections, located at Junction 6 of the M1 motorway, 8 miles west of Belfast. The city also connects directly to the A1 which gives ease of access to Newry and Dublin. The property is situated on Market Square North, opposite the Irish Linen Centre and Museum, running into Bow Street which is regarded as the prime retail pitch in the city centre. Occupiers trading here include River Island, Boots, Superdrug and Poundstretcher.

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