{"id":8487,"date":"2018-11-27T17:30:31","date_gmt":"2018-11-27T17:30:31","guid":{"rendered":"https:\/\/lisney.com\/belfast\/?p=8487"},"modified":"2020-11-05T17:38:50","modified_gmt":"2020-11-05T17:38:50","slug":"portfolio-of-seven-investment-opportunities-brought-to-market","status":"publish","type":"post","link":"https:\/\/lisney.com\/belfast\/portfolio-of-seven-investment-opportunities-brought-to-market\/","title":{"rendered":"Portfolio Of Seven Investment Opportunities Brought To Market"},"content":{"rendered":"
\n

Leading commercial property agent, Lisney, has brought an investment portfolio of seven properties in rural locations across Northern Ireland to the market.<\/p>\n

Most of the assets comprise a filling station and convenience store with several incorporating additional retail units and residential development opportunities.<\/p>\n

The assets within the portfolio total over five acres with a combined asking price of \u00a34.7m.<\/p>\n

The portfolio includes:<\/p>\n

4-6 Downpatrick Road and 1-6 Irish Street, Killyleagh<\/strong><\/p>\n

0.63 acres comprising a filling station and convenience store let to Henderson Retail Ltd. until 21 September 2036; a vacant bungalow, garage and gardens in need of refurbishment; and a vacant two storey commercial and residential building also in need of refurbishment. This asset is available in one, two or three lots.<\/p>\n

34-36 Rathfriland Road, Dromara<\/strong><\/p>\n

8 acre filling station and convenience store let to Henderson Retail Ltd. until 21 September 2036 and a smaller shop unit currently sublet to off license retailer, Wineflair.<\/p>\n

119\/125 Drumaness Road, Drumaness<\/strong><\/p>\n

\u00a0<\/strong>91 acres comprising filling station and convenience store plus a vacant shop unit; and a three bed bungalow and land currently let to a tenant. This asset is potentially available in one or two lots.<\/p>\n

2-4 Main Street, Clough<\/strong><\/p>\n

\u00a0<\/strong>one acre two storey filling station and convenience store and three retail units predominately let to Henderson Retail Ltd.<\/p>\n

5-15 Mill Road, Crumlin<\/strong><\/p>\n

Filling station and convenience store let to Henderson Retail Ltd, NFU and Randox, with adjoining let and vacant commercial assets. There are potential development angles.<\/p>\n

David McNellis, Director at Lisney Northern Ireland, which specialises in office, retail, leisure and industrial property acquisition, disposal and investment, said:<\/p>\n

\u201cThis is a really interesting portfolio to come to the market, particularly as all but two of the seven opportunities are let to Henderson Retail Ltd. with 18 remaining years on the lease.<\/p>\n

\u201cEach of these assets generate significant income every year, however, with asset management strategies, there is potential to further grow the income generated.<\/p>\n

\u201cActing as the sole agent on behalf of the seller, we are expecting significant interest from local investors given the combination of commercial and residential assets.<\/p>\n

\u201cThese assets present an excellent opportunity for investors.\u201d<\/p>\n

Lisney was recently named Commercial Estate Agency of the Year at the 2018 Belfast Telegraph Property Awards.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Leading commercial property agent, Lisney, has brought an investment portfolio of seven properties in rural locations across Northern Ireland to the market. Most of the assets comprise a filling station and convenience store with several incorporating additional retail units and residential development opportunities. 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