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Eight units in Portadown town centre to go under hammer as single lot

The mixed-use portfolio is currently fully tenanted and provides a 'solid' annual rental income of £46,068

Several residential and commercial units in Portadown are set to go under the hammer at the end of June.

Comprising five units on Church Street and three units on Carleton Street, the premises are to be sold as a single, sizeable lot.

Listed by BRG Gibson Auctions, with a guide Price of £395,000, the properties represent a “prime investment opportunity” as a fully let commercial and residential portfolio across adjoining streets with a central location and close proximity on-street parking.

On Church Street, the lot encompasses three commercial units, from 34 to 38 Church Street, and two 2-bedroom apartments across 34a and 36a Church Street.

And on the adjoining Carleton Street side, the lot encompasses two commercial units, from 1 to 3 Carleton Street, and a single 2-bedroom apartment at 3a Carleton Street.

The mixed-use portfolio is currently fully tenanted and provides a “solid” annual rental income of £46,068.

The commercial units included in the sale currently house a barbers, beauty salon, ice-cream shop and café and taxi depot.

The auction is due to take place on June 24 at 12pm.

Interested parties should contact BRG Gibson Auctions for more information.

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