Property Details

Maghera is a small town within County Londonderry at the foot of the Glenshane Pass. The town has a population of 4,235 as of the 2021 Census and falls within the Mid-Ulster government district. Maghera is ideally located between Belfast City Centre and Derry / Londonderry, being approx. 40 miles Northwest of Belfast City Centre and 30 miles Southeast of Derry / Londonderry. The subject site is surrounded by a wide range of amenities, including but not limited to a hotel, Eurospar, Centra with petrol filling station and hot food restaurants / takeaways.

The Site Is Situated In The Heart Of Maghera Town Centre With Frontage On To Both Coleraine Road And Main Street. The Property Is Conveniently Located Less Than 1 Mile From The Glenshane Road Which Provides Access Across The Province. The Site Is Adjacent To Walsh's Hotel, Bradley's Centra, St Patrick's College Maghera And Many Other Occupiers. The Subject Property Is Located In The Centre Of The Town With Good Frontage To Coleraine Road (approx. 115 Ft) Close To Its Junction With Main Street. The Bulk Of The Property Comprises The Old Bakery Building With Associated Car Parking And Yard Space. There Is Also A Former Shop Unit Which Fronts Onto Main Street (approx. 28 Ft Of Frontage). The Original Bakery Buildings Are Of 1960s Construction, With A Number Of Extensions Constructed Throughout The Years And Now Totalling Approx. 35,000 Sq Ft. There Is Also A Former Bakery Shop Located On Site Fronting Main Street Of Approx. 2,400 Sq Ft. The Total Site Area Including The Shop On Main Street Extends To 1.9 Acres And Offers An Excellent Redevelopment Opportunity To Any Purchaser.