RS-WS1
For Sale

70-72 MAIN STREET,

Co. Down, BT20 5AE
5,092 SQ.FT
Offers in excess of
£425,000
Investment Property, Retail Property

Property Overview

Externally the property benefits from a glazed shopfront with Greggs signage and branding, while the upper floors are finished with a painted render.

The ground and first floors comprise a modern retail unit providing a sales area along with staff and customer WCs. The unit is fitted out to an excellent standard, in typical Greggs format.

Externally the property benefits from a glazed shopfront with Greggs signage and branding, while the upper floors are finished with a painted render. The ground and first floors comprise a modern retail unit providing a sales area along with staff and customer WCs. The unit is fitted out to an excellent

  • Prominent retail unit occupying a prime site in the city centre
  • Fully let on FRI terms to Greggs Plc
  • Current rent of £32,500 p.a.x.
  • Circa 4.25 years term certain
  • Greggs PLC have a Credit Safe Risk Score of 88, reflecting the lowest level of risk
  • Offers over £425,000 exclusive, subject to contract.
  • Reflects a NIY of c. 7.25% after purchase costs of c. 4.15% and a capital value of £83.46 per sq.ft.

Accommodation

EPC: E
Full EPC certificate available on request.

Accommodation

Accommodation
Description Area (Sq.Ft.)
Ground Floor Retail1,656
First Floor - Staff1,477
Second Floor - Stores1,959
TOTAL AREA5,092

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RS-WS1