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1-3 Molesworth Street

Cookstown BT80 8NX Guide price £130,000

Key Information

Address 1-3 Molesworth Street, Cookstown
Price Guide price £130,000
Style Miscellaneous
EPC Rating EPC
Status For sale

EXCELLENT/UNIQUE INVESTMENT OPPORTUNITY
TWO-STOREY COMMERCIAL PROPERTY IN TOWN CENTRE LOCATION EXTENDING TO CIRCA 920 SQ.FT.

Additional Information

EXCELLENT/UNIQUE INVESTMENT OPPORTUNITY
TWO-STOREY COMMERCIAL PROPERTY IN TOWN CENTRE LOCATION EXTENDING TO CIRCA 920 SQ.FT.

*SUITABLE FOR A VARIETY OF USES
*LOCATED IN A BUSY COMMERCIAL AREA JUST OFF THE MAIN SHOPPING STREET
*GOOD FOOTFALL
*SOLD WITH BENEFIT OF VACANT POSSESSION


Description
LOCATION
Cookstown is a major provincial town which has expanded rapidly in recent years, attracting major investment. The property is located just off the main trading street in a heavy footfall area. Neighbouring occupiers include Bank of Ireland, Danske Bank, o2 phone shop, Sports Direct, Time Bar/Restaurant/Night Club, Molesworth Street Plaza and many other well-established small businesses.

DESCRIPTION
Mid-terrace two-storey commercial building constructed with external stone walls and a pitched roof covered in tiles. The internal floor area extends to circa 920 sq.ft. over two floors. The accommodation is currently laid out as office space but would be suitable for a variety of other uses.

Ground floor: small reception area, open plan office, strong room, wc & under-stairs storage.

First floor: Three offices and wc.
ACCOMMODATION FLOOR AREA DIMENSIONS
Ground Floor 450 sq.ft. / 41 sqm 27'9" x 16'2"
First Floor 470 sq.ft. / 43 sqm 28'11" x 16'2"
TOTAL 920 sq.ft. / 84 sqm





RATEABLE VALUE:
* NAV: £4,550
* Commercial rates: £2,337.56 p.a. (2020/21) ****

*The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 25% reduction in rates payable. However, we recommend that you verify this with Land & Property Services.

ADDITIONAL INFORMATION:
* Mahogany framed single glazed windows
* The property is heated with electric storage heaters


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