Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view Prime Retail Investment, 2-4 Church Street, Coleraine, BT52 1AP 11,253 Sq Ft / Retail / General Retail Withdrawn - Last updated: 19 April 2021 Coleraine is one of Northern Ireland’s leading provincial towns with a resident population of c. 57,000 persons and over 250,000 persons within a 30 minute drive time. The area also benefits from c. 2.5m tourists annually, with a general spend of over £37m per annum.The property occupies a prominent position in the town centre fronting the dual prime retail pitch of Church Street and The Diamond. The subject is a prominent building and benefits from considerable pedestrian footfall accessing the prime retail thoroughfare from The Mall car park (223spaces) and Abbey Street Car Park (182 spaces).Other major tenants in Coleraine Town Centre include M&S Simply Food, Superdrug, Waterstones, O2, Holland & Barrett, Argos, Trespass and Topshop.- Excellent town centre location with a dual frontage onto The Diamond and Church Street the town’s main retail pitches- 100% occupied by two local traders and Next PLC- 88.9% of income is secured against a Very Low Risk CreditSafe Rating covenant- Asset Management Opportunities: -o Re-gear of NEXT leaseo Extending into second floor void- Current Income £135,000 per annum- Freehold- We are instructed to seek offers in excess of £1,250,000 (One Million, Two Hundred and Fifty Thousand Pounds). A purchase at this level reflects a net initial yield of 10.20% after allowing for acquisition costs at 5.96%.- EPC Scores: NEXT - E 102 Whoosh - F 138 Daisy Mae Boutique - G 152 Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist