Lot 11 - 11 Strabane Old Road, Derry, County Londonderry, BT47 2DL

  • Unconditional Online Auction Sale
  • Guide Price* : £70,000
  • Two Storey Commercial Premises In Town Centre Location with Residential above
  • Ground floor Retail Unit (formerly a butcher)
  • First floor 1 Bedroom Apartment
  • Suitable for a variety of uses Subject to Relevant Approvals - Retail 460 sq ft / Flat 220 sq ft
  • Ideal investment property
  • Require refurbishment prior to occupation
  • Available With No Onward Chain & Vacant Occupancy
  • Subject property is located on the Strabane Old Road in Derry, a popular area of the Waterside.

Description

Mixed Use Investment Property comprising of Ground floor Retail Unit & First floor 1 Bedroom Apartment, with its own access. The apartment has electric storage heaters and appears to be in poor condition and will require significant refurbishment. The Ground Floor Retail Unit (formerly a butcher) appears to be in average condition and would be suitable for a variety of uses. The Premises offers investors a potential combined Annual Rent of £7,500 and this could be increased with modernisation of the apartment, before offering on the rental market.


* 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.

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