|Address||12 Cregagh Road, Belfast|
|Price||Offers around £110,000|
Valuable Investment Property with full planning permission for development of ground floor retail unit and 2 x self contained apartments.
Situated on a busy arterial route into Belfast City Centre, this prominent 3 storey commercial unit has been granted fully planning for a spacious ground floor retail unit and 1 x 2 bedroom apartment and 1 x 1 bedroom apartment. The area is very popular with young professional renters and demand for these apartments would be very strong. Commercial units of this size, in this area, command rents from £8,000 - £10,000 per annum.
Prime location on busy local shopping area.
Planning for commercial unit and 2 self contained flats.
Excellent investment potential.
Estimated rental for commercial unit - £8 -10,000 per annum.
Estimated rental for 2 apartment - £8,500 per annum
Estimated rental for 1 bedroom apartment - £7,000 per annum
Accommodation comprises at present:
Ground floor shop
Electric roller shutter
11.4m x 4.3m
Store: 4.3m x 4.7m - rear access to entry
13.3m x 4.3m
Store: 2m 1.7m
Cloakroom with and wash hand basin
4.3m x 4.3m
3m x 4m
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