Mixed-Use Commercial Investment & Residential Development Potential Opportunity A prime mixed use investment opportunity located in the heart of the Derry/Londonderry city centre, this property offers excellent opportunity for redevelopment and investment from day 1. Boasting prime road frontage on the busy Carlisle Road, this property offers immediate, secure rental income on the ground floor via a commercial tenant on long lease, together with a proposed residential conversion opportunity to 2 no 1 bedroom apartments on first and second floors (subject to planning consents). Planning and technical work includes:
- Planning application submitted for 2 no 1 bed apartments to first and second floors.
- Building Control submissions fully lodged.
- Comprehensive architectural package.
- Proposed conversion to two contemporary one-bedroom apartments, each extending to approximately 37.6 sq m (405 sq ft).
- Comprehensive Due Diligence Completed.
The vendor has commissioned all key surveys and reports, which are available to prospective purchasers on request, including:
- Asbestos Survey
- Stronghold Property Wet/Dry Rot & Insect Infestation Report
- Noise Impact Assessment
- NI Water Impact Assessment (including application fees paid)
- Original Building Survey
These particulars are for guidance only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition, and necessary permissions for use and occupation are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and should satisfy themselves as the condition of any property before purchasing. No responsibility is taken for any error, omission, or misstatement, and purchasers or tenants should satisfy themselves by inspection or otherwise.
