FOR SALE - INVESTMENT OPPORTUNIT Y (BUSINESS UNAFFECTED)

4 7 – 4 9 M A I N S T R E E T , B R O U G H S H A N E B T 4 2 4 J P

Summary• Property investment opportunity situated in Broughshane,

approximately c. 3 miles from Ballymena town centre.

• 47 Main Street is fully let to A.& F.A. Dundee Limited (trading as MediCare) at a current rent of £25,000 per annum from 1st May 2000 until 30th April 2025.

• MediCare is the largest indigenous pharmacy group in Northern Ireland, currently operating from 53 high volume retail pharmacies and employs over 550 staff, including 100 pharmacists.

• 49 Main Street comprises a vacant six-bedroom house with a spacious rear yard and outbuildings.

LocationBroughshane is a picturesque village situated within County Antrim, approximately 3 miles from Ballymena and in close proximity to the M2 Motorway.

The village has a strong retail core, a primary school, Churches and has Eaton Park and Ballymena Golf Club situated on its outskirts, as is Slemish Mountain.

The property occupies a highly prominent location in the heart of the village, close to its junction with Pine Court and situated adjacent to a Mazda Car Garage.

47–49 MAIN STREET, BROUGHSHANE BT42 4JP

DescriptionThe property comprises a mixed-use two-story building, with a large two storey extension at the rear. The Pharmacy occupies 47 Main Street, comprising a substantial retail shop premises with first floor storage accommodation.

49 Main Street comprises a vacant six-bedroom semi-detached house with an outbuilding at the rear with five canopy up and over garage doors. A gated entrance provides vehicle access to a spacious rear yard, servicing both the house and pharmacy.

The two properties are situated on a site which extends to approximately 0.20 acres in total.

AccommodationThe approximate Net Internal Areas are as follows: -

Floor Sq M Sq Ft

Pharmacy Ground Floor 182.57 1,965

Pharmacy First Floor 112.03 1,206

House Ground 41.29 445

House First 58.36 627

House Second 45.92 495

Garages 73.39 790

Total 513.56 5,528

The property occupies a site area of approximately 0.20 acres.

Tenancy 47 Main Street is fully let to A.& F.A. Dundee Limited (trading as MediCare) from 1st May 2000 until 30th April 2025 at £25,000 per annum, subject to 5 yearly upwards only rent reviews.

A copy of the lease is available on request.

ProposalWe are instructed to seek offers in the region of £405,000 (Four Hundred & Five Thousand Pounds Sterling) exclusive of VAT and subject to contract.

Rates47 Main Street (Tenant responsible for payment of the rates) NAV: £8,850 Rate in £ (2020/2021): 0.519426 Rates Payable: £4,596.92 per annum

49 Main Street Cap Value: £165,000 Total Domestic Rate in £ (2020/2021): 0.008223 Rates Payable: £1,357.95 per annum *We recommend that you contact Land & Property Services to verify these figures (Tel: 0300 200 7801)

VATThe property is elected for VAT. It is anticipated that this transaction will be treated as a Transfer of a Going Concern.

ViewingStrictly by appointment with the sole selling agents:

Frazer Kidd T: 028 9023 3111 E: mail@frazerkidd.co.uk

47–49 MAIN STREET, BROUGHSHANE BT42 4JP

47–49 MAIN STREET, BROUGHSHANE BT42 4JP

Not to Scale.For Indicative Purposes Only.

47–49 MAIN STREET, BROUGHSHANE BT42 4JP

DisclaimerFrazer Kidd LLP for themselves and for the vendors of this property whose agents they are, give notice that (I) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute part of an offer or contract; (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending 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 correctness of each of them; (Iii) No person in employment of Frazer Kidd LLP has any authority to make or give representations or warranty whatever in relation to this property.

As a business carrying out estate agency work when we enter into a relationship with a customer, we are required, if applicable, to verify the identity of both vendor and purchaser as outlined in the Money Laundering, Terrorist Financing and Transfer of Funds (information on the payer) Regulations 2017 – http://www.legislation.gov.uk/uksi/2017/692/made. In accordance with legislation, any information and documentation provided by you will be held for a period of five years from when you cease to have a contractual relationship with Frazer Kidd LLP. The information will be held in accordance with the General Data Protection Regulations (GDPR) and will not be passed on to any other party unless we are required to do so by law.

For further information please contact:

Brian Kidd M: 07885 739063 E: bkidd@frazerkidd.co.uk

Neil Mellon M: 07957 388147 E: nmellon@frazerkidd.co.uk

Telfair House, 87/89 Victoria Street, Belfast, BT1 4PBT: 028 9023 3111F: 028 9024 4859E: mail@frazerkidd.co.ukW: www.frazerkidd.co.uk

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