Unit 1 Kingsway Arcade, Monaghan Street, Newry, County Down, BT35 6AA
Annually
£22,000
Deposit
Not Provided
Rates
Not Provided
Commercial Property
Available from Sun, 10 Nov 2024
Contact Bradley Estates NI Limited (Newry)
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Description & Features
Room Measurements
- ADDITIONAL INFORMATION
- DESCRIPTION
- Situated on Monaghan Street, the beating heart of Newry’s dining scene, this prime corner property offers an exceptional opportunity for an ambitious restaurant or takeaway owner. Known as the city’s main food street, Monaghan Street draws a high volume of foot traffic, particularly during lunch, dinner, and weekend hours, ensuring visibility and a steady stream of potential customers. The property is housed on a prominent corner site, maximizing exposure with large street-facing windows that showcase your business to passersby. This strategic location benefits from the busy thoroughfare connecting shoppers, locals, and visitors from Newry’s popular retail and business hubs.
- SPECIFICATION
- The premises is finished to a high standard throughout to include the following specification: - Open Plan Kitchen/ Seating Area - W.C. - Combination of recessed and surface mounted lighting - Variety of vinyl and tiled coverings - Electric roller shutter door - Purpose built shelving - Preparation room - 1st Floor Storage
- TERMS
- Rent: £20,000 Per Annum Deposit: 3 Month equivalent Term: Negotiable
- RATEABLE VALUE
- We are advised that the NAV is £13,900.00 Rate in £ (2022-2023): 0.51521 Estimated Rates Payable 22/23: £7,670.66 per annum. The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.
- VIEWING DETAILS/ FURTHER INFORMATION
- For further information or to arrange a viewing, please contact: Stephen Gray, Commercial Manager T: 028 300 50633 E: stephen.gray@bradleyni.com
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