Town Center Location: Situated in the bustling town center, this property enjoys a high-visibility location on the Strabane Old Road, one of the popular areas in the Waterside district of Derry / Londonderry. The convenient setting offers easy access to local amenities, public transport, and a constant flow of foot traffic, making it an ideal location for a wide range of businesses.
Introducing a prime opportunity in a vibrant town center location – a two-storey commercial premises with a residential component above. This versatile property boasts ample potential, with the ground floor having previously served as a butcher's shop. Subject to the necessary approvals, this property offers the flexibility to cater to various business needs. Its mixed-use zoning allows for a diverse array of commercial uses, giving potential owners the freedom to reimagine the space according to their vision.
Ground Floor Retail Unit: The ground floor comprises a generous 460 square feet of retail space. With its prominent shopfront, it's ready for a revival of its commercial purpose offering a unique opportunity for retailers, or service-based businesses.
First Floor 1 Bedroom Apartment: Above the retail unit, you'll find a 1-bedroom apartment spanning 220 square feet. Currently Tenanted Under Terms Unknown without access.
Investors will appreciate the income potential this property represents, with dual revenue streams from both the retail unit and the residential apartment. With the right strategy, this property can be a lucrative addition to your portfolio. The property offers investors a potential combined attractive rental income and this could be increased with modernisation of the apartment, before offering on the rental market.
This property will require some refurbishment to meet modern standards and aesthetics. The opportunity for renovation and customization ensures you can create a space that perfectly suits your intended use.
* No information, statement, description, quantity or measurement contained in any sales particulars, or given orally, or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out, issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor in respect of the property shall constitute a representation, or a condition or a warranty on behalf of BRG Gibson Auctions Ltd, or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally, or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BRG Gibson Auctions Ltd, or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BRG Gibson Auctions Ltd, or the vendor.
