Investment
Cookstown is located approximately 35 miles from Belfast, 10 miles from Dungannon and 8 miles from Magherafelt. The subject properties are situated on James Street in the town centre.
Comprising Numbers 54,56,58,60,62 and 64 James Street Updating / Renovation or Full Redevelopment possible (subject to planning & other statutory approvals). We have been advised the subject properties are Listed under Survey Grade B2 (Historical Buildings). OFFERS WILL BE RECEIVED UP TO 12 NOON THURSDAY 7th APRIL 2022 (if not previously sold) - Terms & Conditions Apply Substantial block 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). Accommodation is as follows: 54-56 James Street, Cookstown - Derelict Property 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 * Please note the above rents are supplied by Management Agent CPS Jordan Estate Agents, Cookstown. We have been advised the properties are Listed under Survey Grade B2. We would recommend any interested parties make their own enquiries regarding this. TITLE Assumed freehold or long leasehold subject to a nominal ground rent. EPC 60a - D68 60b - C78 62a - E54 64a - D64 VAT The subject property may be subject to VAT at the Prevailing rate. VIEWING Strictly by appointment through agent. 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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Note: Burns & Co. Commercial Ltd (and their joint agents where applicable) for themselves and for the Vendors or Lessors of the property whose agents they are give notice that: I) these particulars are given without responsibility of Burns & Co Commercial Ltd or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Burns & Co Commercial Ltd cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Burns & Co Commercial Ltd or Burns & Co has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Burns & Co Commercial Ltd will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars. No offers are accepted via email.
Burns & Co Commercial is the trading name of Burns & Co Commercial Ltd. Burns & Co Commercial Ltd (NI063405) is registered in N.Ireland
