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52 & 52A Union Street Lurgan, BT66 8EB

Property
2
Price £90,000
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8 Bridge Street, Portadown, BT62 1JD
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Features

  • Investment Opportunity
  • Commercial unit income £375 per month
  • Retail Unit with large storage area
  • Residential unit TO LET £475 per month
  • 2 bedroom apartment
  • Prominent location on the edge of Lurgan Town Centre
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Additional Information

52 & 52A Union Street, Craigavon

MIXED USE INVESTMENT PROPERTY

ERV £10,200 per annum

COMMERCIAL UNIT – 52 Union Street (Ground Floor)
The ground floor commercial property extends to 1,174 Sq Ft and comprises ground floor retail unit with large storage area to the rear. The Unit has been recently renovated and is ready for a new business to move in and transform to suit a variety of uses (subject to planning)

To the rear of the property is a large storage unit which can be entered through the shop or via large double doors on Coronation Street, just off Union Street, which is an ideal access for a car or a large van. The rear storage area is approx 889sq ft and is equiped with electric lighting and skylights for natural daylight. The premises boasts high ceilings and concrete flooring throughout and has recently been freshly re-painted.

The commercial unit has been occupied since October 2019 at £375 per month.
Tenant responsible for payment of rates & utilities.

RESIDENTIAL UNIT – 52a Union Street (1st & 2nd Floors)
The residential property is located on the upper floors and comprises a 2 storey 2 bed apartment with kitchen, lounge and bathroom on the first floor and further large bedroom on the 2nd floor. The apartment has separate access off Union Street.

The apartment is currently on the market TO LET at £475 per month.
Landlord responsible for payment of rates, estimated at £500 per annum.

VIEWINGS
For further information or to arrange a viewing please contact Alison McClean. 
Tel. 07885 603066
Email. alison@hannath.com   

 


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