Bangor, Dicksons Garden Centre, 79 Cootehall Road

Development & Investment · For Sale / To Let
Asset Management Opportunity on a 5.6-acre site.
Current rental income £56,010 p.a. with vacant Garden Centre.
High level of passing commuters on the A2.
Development Opportunity.

Details

The complex sits on a 5.6-acre site to include a former garden centre and several other ancillary occupiers including Tobermore and Clearly Aquatics. The entire complex is secured by way of perimeter fencing and a main gate located just off the Cootehall Road. There is ample free on-site car-parking.

ASKING PRICE

POA

RATEABLE VALUE
Term Negotiable
Rent POA
Repairs Effectively full repairing and insuring

We are advised by LPS that the current NAV is £115,549.98*, rate in the £ for Ards and North Down, 2022/23 is £0.5223. Estimated Rates Payable 2022/23 £60,351.75 pa.
*Excluding Unit 5 as it is not currently rated by the LPS.
Under the current Covid relief schemes no rates are payable until April 2022

All prices, rentals and outgoings are quoted net of VAT which may be chargeable.

Tenancy Schedule - Dicksons Garden Centre

UnitTenantCurrent Rent (p.a)End Date SqFtSqM
Former Garden CentreVacant--23,4712,180
Unit 2
Advanced NI£22,010Over Holding4,402409
Unit 3Tobermore£22,00021.12.20251,173109
Unit 4Clearly Aquatics£12,000Over Holding15,2461416
Total£56,01044,2924,114

Stephen Deyermond

Direct Line: 02890 247111

Mobile: 07968 727196

stephen.deyermond@tdkproperty.com

 

Shay Storey

Direct Line: 02890 894067

shay.storey@tdkproperty.com

The subject complex benefits from extensive frontage onto the A2 Belfast to Bangor Road. The site is located just 5 minutes out of Bangor, along the A2, the main road for travel from Bangor to Holywood and Belfast. It is situated on the outskirts of Crawfordsburn, Helen’s Bay and Craigavad, which are regarded as some of the most prestigious residential addresses in Northern Ireland.

Term: Negotiable
Rent: POA
Repairs: Effectively full repairing and insuring

An EPC cert can be provided upon request.

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