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37 Thomas Street, Armagh BT61 7QB

£300,000
  • status For Sale
  • receptions 3 Receptions
  • style Commercial
  • Price £300,000
  • Style Commercial
  • Receptions 3
  • Heating Economy 7
  • Status For Sale
Armagh Office: 028 3752 8888

Description

CPS have been asked to place this substantial commercial property to the open market for Sale. The 5th generation funeral home business is moving to new premises later in 2023 but will continue trading as normal no doubt for many more generations but at a new address. The commercial property with extensive retail frontage on Thomas Street also extends to extensive stores, yards / car parking to the rear with vehicular access to Thomas Street. The property has already a strong rental yield plus the opportunity to develop further subject to planning & the new owner's requirements. The property sale comprises of the current funeral home’s premises, two apartments, an office space facilitating a chiropractors and multiple storage areas. 

 

Features 

  • Substantial commercial premises 

  • Off street private parking 

  • Mixture of offices space’s 

  • 1st Floor Commercial lease in place

  • 2nd Floor Two apartments with a rental income 

  • Prime location 

  • Office space rented with a rental income 

  • Present yield excluding entire ground floor & rear yard is £18,000 PA

 

Ground Floor:

Entrance shop front / street presence  - 4.49m x 2.76m 
This high street shop front offers an ideal area for retail businesses  

Middle office - 3.35m x 3.95m 

This room is currently being utilised as an office which has carpeted flooring and provides access to a w/c, large office space and a further rear office.   

W/c 

This two piece suite offers a w/c & wash hand basin. 

Office space - 4.80m x 6.08m 

This large office space is also accessible through Thomas street with solid wooden flooring. 

Office space - 6.16m x 6.11m 

A further office space is accessed through the yard and main building it is a two tier office with carpeted flooring. 

 

Separate access 

Office space - 3.18m x 2.21 

Kitchen - 3.77 x 3.17 

Fitted with high and low and units and an integrated sink.  

 

Rear storage - 5.78m x 3.06m 

Tiled flooring. 

 

First Floor

 

Chiropractor who has been established in excess of 15 years.

 

Second Floor

 

2  x 1 bedroom apartments

 

 

Externally to the rear

The property offers a large yard to the rear which is ideal for off street parking and also provides access to a rear storage area above the below commercial premises. This area is prime for further development subject to planning

 

Due to the nature of the businesses that trade from these premises, appointments are strictly by appointment only. Please contact CPS for all details.

 

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