Description

  • The scheme is in the heart of Ballymena and forms part of the town’s core retail fabric and is anchored by key retailers such as Dunnes, Boots and Primark
  • Tower Centre benefits from 4 pedestrian access points ensuring a high degree of connectivity and allowing for strong footfall of approx. 90,000 per week
  • The scheme consists of 70 units across c.177,157 sqft of retail space (including Dunnes and Boots both of which are held on long term leases across 35,762 sqft of retail space)
  • Producing a gross income stream of £1,511,571 per annum and a triple net income of £645,204
  • 84% of the income relates to multinational tenants
  • Weighted average unexpired lease term of 4.16 years to expiry and 2.96 years to break/expiry
  • Site extends to 5.68 acres and allows for significant asset management initiatives