




+49
For SaleCommercial & Residential Properties
42, 43 & 44 The Promenade, Portstewart, BT55 7AE
Armstrong Gordon
Offers Over£750,000
Description
A rare opportunity to acquire a substantial and highly prominent mixed-use property occupying a prime seafront position on Portstewart Promenade, commanding exceptional uninterrupted views across the Atlantic Ocean towards The Crescent, Portstewart Strand, Mussenden Temple and the Donegal Headlands.
The property provides an excellent combination of commercial and residential accommodation. At ground-floor level are two commercial units, currently laid out as Addition and Mauds, incorporating generous customer areas together with kitchen, storage and ancillary accommodation. Awaken includes a substantial shop floor, dining area, commercial kitchen and stores, while the Mauds premises benefits from direct double-door access onto The Promenade.
The upper floors comprise two spacious three-bedroom apartments, both enjoying outstanding coastal views. The first-floor apartment offers a separate kitchen and lounge together with three bedrooms, including a principal bedroom with ensuite. The second-floor apartment features a particularly generous open-plan kitchen, living and dining arrangement, three bedrooms and bathroom accommodation.
Further accommodation is available at attic level, providing four additional rooms, while externally there is a rear yard with roller-door access suitable for bins and deliveries. The property is Freehold and benefits from PVC double-glazed windows, with the roof stated in the particulars as having been renewed approximately six years ago.
Occupying one of the North Coasts most recognisable and sought-after waterfront locations, this is an extremely versatile property offering considerable potential for investors, commercial operators or purchasers seeking a substantial residential and commercial holding in the heart of Portstewart.
Key Features
- ✓Gas Fired Central Heating
- ✓PVC Double Glazed Windows
- ✓Prime Central Location
- ✓Uninterrupted Views Across Atlantic Ocean, The Crescent, The Convent, Portstewart Strand, Mussenden Temple and Donegal Headlands
- ✓Rental Information: The Addition Premises Currently Produce A Rental Income Of £18,000 Per Annum, While The Mauds Ice Cream Shop Produces £9,600 per annum With An Option For A 10 Year Lease In Place
- ✓Excellent Investment/Development Location
- ✓Potential To Develop Top Floor Attic Which Was Previously A Third Apartment
- ✓All Four Properties Are Currently Tenanted Deriving Excellent Rental Income
- ✓The Apartments Currently Generate Rental Income Of £700 and £850 Per Month