58-60 Bow Street / 1 Bow Lane, Lisburn, BT28 1AU

Additional Information

• Fully let retail investment situated in the heart of Lisburn City Centre.
• Lisburn is Northern Ireland’s third largest city with a population ofalmost 130,000.
• The property occupy a prime location fronting onto Bow Street and Bow Lane opposite Greggs, Trespass and Iceland.
• The property extend to approximately 7,409 sq ft (688.32 sq m) across 3 buildings on a site measuring c.0.1 acres.
• The property is fully let to four tenants producing a total rental income of £55,700 per annum.
• We are seeking offers in the region of £585,000, reflecting an attractive net initial yield of 9.09%, after purchaser’s costs of 4.71%.

Fully let retail investment situated in the heart of Lisburn City Centre.

Ground Floor and Part 1st Floor 58 Bow Street comprises a 2 storey building occupying a prominent location on Bow Street.  The property is let on a lease t/a Brogans who specialise in optometry and ear care and the sale of eyeware products.

Ground Floor 60 Bow Street comprises a ground floor commercial premises. The ground floor is occupied by a Beauty Salon t/a Alice Nails Lisburn

First Floor 58-60 Bow Street is let as a gym occupying the 1st floor, trading as Bushido Shotokan Karate.

1 Bow Lane comprises a single storey commercial premises trading as Vacuum Hospital.

The property occupies a prime position fronting onto Bow Street, situated on the western end of Bow Street, a short distance from the main entrance to Bow Street Mall, which includes retailers such as Primark, Dunnes Stores and JD Sports and benefits from a 1,000-space multi-storey car park.

The property is also situated opposite national retailers such as, Greggs, Trespass and Iceland and is in close proximity to Boots, Poundstretcher, Caffé Nero and Tesco.

Directions

Lisburn is Northern Ireland’s third largest city with a population of over 130,000 also forming part of the Belfast metropolitan Area which has a population of 345,418 (2021 census) accounting for over 20% of Northern Irelands population.

Lisburn benefits from excellent communication links having convenient access to the motorway network. The M1 links to the Northeast and Dungannon to the west. Both the A1 and M1 place Lisburn on a main corridor between Belfast and Dublin. Lisburn Railway station provides direct links with Belfast, Portadown, Newry, Moira and also provides services to Dublin Connolly Station.

The property occupies a prime position fronting onto Bow Street, situated on the western end of Bow Street, a short distance from the main entrance to Bow Street Mall, which includes retailers such as Primark, Dunnes Stores and JD Sports and benefits from a 1,000-space multi-storey car park.

The property is also situated opposite national retailers such as, Greggs, Trespass and Iceland and is in close proximity to Boots, Poundstretcher, Caffé Nero and Tesco.