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1-1A Railway St 47,916 SF 100% Leased Retail Building Newcastle BT33 0SP $3,626,829 CAD ($75.69 CAD/SF)



INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity
- c. 1.1 acres
- With the benefit of Short Term Rental Income
EXECUTIVE SUMMARY
The property comprises a former red brick Victorian Railway station building, built in c. 1905. With a central three storey tower between two single storey pitched roof properties, one of which was a former public house. The tower has a B1 Listing.
To the rear the property has been extended providing a large modern single storey extension with a pitched cladded roof over. Service access to the property is via the rear car park. Internally the property is occupied by Lidl and fitted to their standard design.
The property benefits from its own secure car parking providing spaces for approximately 65 cars on a site of c. 1.1 acres.
Existing Lease
Leased to Lidl Northern Ireland GmbH at a passing rent of £105,000 per annum, expiring on 1st November 2025. Full details on request.
Planning
There are no active planning applications on the property/site. The property sits within the town centre and settlement limit set out in the Ards and North Down Area Plan 2015, Map No. 3/004a – Newcastle.
Listing Details
Only the tower at the former railway station has a B1 Listing according to the Historic Environment Division of the Department for Communities. Full details on request.
To the rear the property has been extended providing a large modern single storey extension with a pitched cladded roof over. Service access to the property is via the rear car park. Internally the property is occupied by Lidl and fitted to their standard design.
The property benefits from its own secure car parking providing spaces for approximately 65 cars on a site of c. 1.1 acres.
Existing Lease
Leased to Lidl Northern Ireland GmbH at a passing rent of £105,000 per annum, expiring on 1st November 2025. Full details on request.
Planning
There are no active planning applications on the property/site. The property sits within the town centre and settlement limit set out in the Ards and North Down Area Plan 2015, Map No. 3/004a – Newcastle.
Listing Details
Only the tower at the former railway station has a B1 Listing according to the Historic Environment Division of the Department for Communities. Full details on request.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Building Size
47,916 SF
Year Built
1905
Price
$3,626,829 CAD
Price Per SF
$75.69 CAD
Percent Leased
100%
Building Height
1 Story
Frontage
116’ on Station Shopping Centre
AMENITIES
- Signage
1 1
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
1-1A Railway St
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