LOCATION AND DESCRIPTIONNewry City is situated approximately 34 miles from Belfast and boast a district population of c. 88,000 and a catchment population of c. 150,000 within a 15 minute drive time. The subject property occupies a prime location on Hill Street, the main thoroughfare in the City and also benefits from return frontage to Margaret Square.Accommodation is provided over 3 floors in total. Other nearby occupiers include, Ulster Bank, The Shelbourne, Harry Corry, Axa Insurance and Santander.ACCOMMODATIONGround Floor:Retail Area NIA c.1755 sqft (163 m2)   First Floor:
Office, Stockroom, W/C provision, Staff Room NIA 650 sqft (60m2)
Second Floor:
Ancillary Storage - NIA 635 sqft (59m2)
Total NIA - 3040sqftLEASE DETAILSLength of lease negotiable (min 5 year term). Tenant responsible for repairs, rates and building insurance together with all other normal tenant outgoings.GUIDE RENTOption A - £24,950 Per AnnumOption B - £15,500 Per Annum (to include upper floors) - See brochure for further detailsOTHER DETAILS
Electric roller shutter doors, Security alarm fittedExcellent Business Opportunity in Prime Pitch
NAVWe are advised that the NAV of the property is £34,300. Rates in the £ for 2022/2023 is £0.5152. Rates payable approx. £17,671 Per AnnumNB - Above figures provided by LPS and should be confirmed by incoming tenantEPCC - 65 V.A.T.Prices, outgoings and rentals are exclusive of but may be liable to VAT.
VIEWINGFor further information and viewing arrangements please contact:Gerard Kelly            07796947736          gerard@bestpropertyservices.comRyan McBride                                       ryan@bestpropertysservices.com