1-1A Railway St - Retail FOR SALE


Newcastle, CDN BT33 0SP
$1,950,000 USD
289-027-0031
1-1A Railway St, Newcastle, CDN for Sale
$1,950,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

1-1A Railway St
Newcastle, CDN BT33 0SP


HIGHLIGHTS

  • Redevelopment Opportunity
  • With the benefit of Short Term Rental Income
  • c. 1.1 acres

OVERVIEW

The property comprises a former red brick Victorian Railway station building, built in c. 1905. With a central three storey tower between two single storey pitched roof properties, one of which was a former public house. The tower has a B1 Listing. To the rear the property has been extended providing a large modern single storey extension with a pitched cladded roof over. Service access to the property is via the rear car park. Internally the property is occupied by Lidl and fitted to their standard design. The property benefits from its own secure car parking providing spaces for approximately 65 cars on a site of c. 1.1 acres. Existing Lease Leased to Lidl Northern Ireland GmbH at a passing rent of £105,000 per annum, expiring on 1st November 2025. Full details on request. Planning There are no active planning applications on the property/site. The property sits within the town centre and settlement limit set out in the Ards and North Down Area Plan 2015, Map No. 3/004a – Newcastle. Listing Details Only the tower at the former railway station has a B1 Listing according to the Historic Environment Division of the Department for Communities. Full details on request.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gavin ClarkeOsborne KingMore Info
289-027-0031

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Gavin ClarkeOsborne KingMore Info
289-027-0031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.