Laganbank Retail Park, 1 Laganbank Road, Lisburn, BT24 4TQ

  • £4,850,000
1 Laganbank Road, Lisburn
For Sale

Laganbank Retail Park, 1 Laganbank Road, Lisburn, BT24 4TQ

1 Laganbank Road, Lisburn
  • £4,850,000

Description

RETAIL WAREHOUSE INVESTMENT FOR SALE 

 

Description

The park provides 49,937 sq ft of open consented purpose-built retail warehouse accommodation. Laganbank Retail Park is anchored by a 22,437 sq ft TK Maxx and 16,000 sq ft Pure Gym.

The investment provides a WAULT of 4.33 years term certain and 9.25 years to lease expiry.

We are instructed to seek offers in excess of £4,850,000 (four million, eight hundred and fifty thousand pounds exclusive) for our clients freehold interest excluding VAT. A purchase at this level would reflect an attractive net initial yield of 9.69% (assuming purchasers cost of 6.58%).

 

 

 

Property Documents

Laganbank Retail Park Brochure
  • Address 1 Laganbank Road, Lisburn
  • City Lisburn
  • Zip/Postal Code BT24 4TQ

Details

Updated on September 5, 2023 at 12:54 pm
  • Price: £4,850,000
  • Property Size: 49937 Sq Ft
  • Land Area: 2.4 Acres
  • Property Type: Investment, Retail
  • Property Status: For Sale

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