Sawyers and Co
Bridge House Banbridge BT32 3JS
Estate & Letting Agents in Banbridge

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Key Information

Address 4-6 Bridge Street, Dromore
Style Shop With Living Accomodation
Status For sale
Price Price £125,000

Additional Information

An excellent investment opportunity comprising of a three storey retail and residential building currently producing a total rent of £12,400 per annum.

The ground floor is let to Pulse Hairdressers at a current rent of £4,800 per annum while two upper floors one bedroom flats currently produce £3,000 each on annual tenancies.

The property occupies a prominent location on Bridge Street in Dromore Town Centre just off Market Square.

Bridge Street connects Dromore Square and Meeting Street while the surrounding area comprises a mix of uses including commercial, community and residential.

Accommodation:

 

Sales/Retail: Ground Floor:                      c.35.21 sqm (378 sqft)

Store 1:                                                    c.10.03 sqm (108 sqft)

Store 2:                                                    c. 4.40 sqm (   44 sqft)

TOTAL AREA (GROUND FLOOR) c.49.64 sqm (531 sqft)

 

First Floor:

 

Accommodation: Lounge, Kitchen, Bedroom, Shower Room.

 

TOTAL AREA FIRST FLOOR FLAT: c.35.57 sqm (426 sqft).

 

Second Floor:

 

Accommodation: Lounge, Kitchen, Bedroom, Bathroom.

 

TOTAL AREA SECOND FLOOR FLAT: c.35.76 sqm (385 sqft).

 

Lease Details:

 

Ground Floor: Let to Pulse Hair Company on a rolling annual lease of £5,200 per

annum.

The tenant has indicated that they are willing to enter a 5 or 10 year lease, subject to

agreement.

 

First and Second Floor Flats:

The two one bedroom flats on the upper floors are each let on rolling annual contracts of £3,600 per annum.

 

VAT: all prices, outgoings and rental are exclusive of, but may be liable to Value

Added Tax.