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Lot 2

4 Bridge Street
Portadown Craigavon, BT62 1JD

Key Features

  • FANTASTIC INVESTMENT OPPORTUNITY
  • 2 STOREY COMMERCIAL PROPERTY
  • PROMINENT TOWN CENTRE LOCATION
  • ESTABLISHED TENANT IN OCCUPATION
  • WITH STRONG RENTAL YIELD
  • CURRENT RENT £12,000 / YEAR
  • POTENTIAL RENT £14,500 / YEAR
  • INSTANT RETURN ON INVESTMENT
  • TRADING AS RESTAURANT FOR 25+ YEARS
  • NET INTERNAL AREA 193.23 sq m
  • FIXTURES AND FITTINGS INCLUDED
  • 3.5 YEARS REMAINING ON CURRENT LEASE

Description

A rare opportunity to acquire a substantial mixed-use commercial property in a prominent town centre location, let to an established hospitality operator and generating immediate rental income from completion.

The property occupies a highly visible position on Bridge Street, one of Portadown's principal arterial routes, benefitting from consistent pedestrian footfall and heavy passing traffic throughout the day. Its strategic location provides excellent exposure for the tenant while underpinning the long-term investment appeal of the asset.

The premises are currently occupied by Barking Bull, a well-established restaurant business, with the property being sold subject to the existing tenancy. Lease information and rental details are available to interested parties upon request.

Extending to approximately 2,100 sq ft, the property is arranged over two floors and has been configured to maximise customer capacity and operational efficiency. The ground floor comprises a customer dining area together with a fully equipped commercial kitchen, while the first floor provides substantial additional seating accommodation, storage facilities and staff areas.

The flexible layout and generous floor area offer strong long-term asset management potential, with the property suitable for a range of commercial and hospitality uses, subject to any necessary consents.

The sale also includes many of the fixtures, fittings and catering equipment, providing additional value for purchasers.

Accommodation

Ground Floor

  • Dining / Retail Area: 392 sq ft
  • Commercial Kitchen: 265 sq ft

First Floor

  • Dining / Function Area: 695 sq ft
  • Ancillary Accommodation: 494 sq ft

External

  • Store: 162 sq ft

Total Net Internal Area: Approx. 2,100 sq ft

Location

Gogogone Limited has endeavoured to prepare these sales particulars as accurately and reliably as possible. The particulars are given for your general guidance only and do not form any part of an offer or contract. The seller and agents do not give any warranty in relation to the property. All services, fittings and equipment referred to in the sales details have not been tested by Gogogone Limited and no warranty is given to their condition. We strongly advise prospective buyers to independently commission their own survey and service reports before making offer or bidding on the property.  The measurements within the details are approximate and have not been verified.

Guide Price

£128,000

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Registration will open on Wed 1st Jul 10:00AM

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