170 - 178 Church Road, Glengormley
FOR SALE - MULTI-TENANT INVESTMENT OPPORTUNITY
170 – 178 Church Road, Glengormley, BT36 6HA
Glengormley is located approximately 3.5 miles from Belfast City Centre, 1 mile from the Sandyknowes junction of the M2 Motorway providing ease of access to Belfast City Centre, as well as the wider motorway network. As a result, Glengormley is known as a popular commuter location with a significant residential population.
The property is situated in a prominent location fronting onto Church Road at the junction on the Antrim Road.
Close-by occupiers include Mortgage IQ, Ulster Property Sales and Copius Group Recruitment.
The property comprises a substantial ground floor commercial property fully let to 5 different units.
Construction is of flat roof construction and part pitched and exterior wall of red brick.
We assume the property is held Freehold/ Long Leasehold.
All prices are quoted exclusive of VAT, which may be payable.
We are seeking offers in the region of £500,000 (Five Hundred Thousand) exclusive of VAT and subject to contract. An acquisition at this level would reflect a net initial yield of 7.82%, after purchasers costs of 5.63%.
For further information or to arrange a viewing, please contact -
Tel. 07885 603066
or Joint Agent
Tel. 07553 386509
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