|Price||Offers over £250,000|
Large land parcel close to Coleraine Town Centre.
Current combined rental income £26,700 per annum.
Potential combined rental income £33,200 per annum.
Potential alternative uses for first floor former nightclub.
(Subject to necessary planning approvals)
A purchase at the asking price reflects a Net Initial Yield of 10.39 and a Reversionary Yield of 12.92%.
(Allowing Purchasers costs of 2.75%)
Net Internal Area (NIA) - 599 sqm / 6450 sqft.
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