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Sale agreed | Investment Property |
Sale agreed POA

54-64 James Street Cookstown , BT80 8NX

Sale agreed POA

Key Information

Address 54-64 James Street, Cookstown
Style Investment Property
Status Sale agreed
Price POA

Additional Information

Substantial portfolio of properties with land to rear - Total Site Area (1.46 Acres). The properties are suitable for renovation / full redevelopment (subject to planning & other statutory approvals being available).
Properties comprises of curently leased carryout, outbuildings and individual flats ranging from 1-2 bedrooms with income stream as follows:

We have been advised the subject properties are Listed under
Survey Grade B2 (Historical Buildings).

54-56 James Street, Cookstown - Derelict Property (formerly Montgomerys)
58 James Street, Cookstown - Takeaway - £7,560 per annum
60a James Street, Cookstown - GF Flat - £6,015 per annum
60b James Street, Cookstown - FF Flat - £5,300 per annum
62A James Street, Cookstown - Flat - £3,900 per annum
62b James Street, Cookstown - Flat - £4,160 per annum
62c James Street, Cookstown - Flat - Vacant
62d James Street, Cookstown - Flat - £3,894 per annum
64a James Street, Cookstown - Flat - £4,026 per annum
64b James Street, Cookstown - Flat - £5,330 per annum
64c James Street, Cookstown - Flat - £3,900 per annum
64d James Street, Cookstown - Flat - £4,420 per annum
Total rent received for January 2021 - to - January 2022 - £48,595

The site is one of Cookstown's most prominent within the town centre and with modernisation and an imaginative development plan it has the potential to become an enhanced mix of retail and residential or shopping arcade/centre.

TERMS AND CONDITIONS
* Offers will be received up to 12 Noon Thursday 7th April 2022 (if not previously sold)
* Subject to clean and proper title only
* Purchaser to pay 10% deposit at close of sale

 

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