4 Hill Street , Newry, BT34

Description

PROMINENT RETAIL UNIT EXTENDING TO APPROX. 140 SQM (1507 SQFT )

LOCATION

The property occupies a prominent position fronting Hill Street, Newry’s principal shopping thoroughfare.
This represents an excellent opportunity to secure prime retail unit with the benefit of nearby established retailers such as Bairds Chemist, Boyds Stores and Newry Market.

ACCOMMODATION

Ground Floor: -

Retail Area Approx. NIA 69 sqm (720 sqft)

First Floor: -
Office/Storage Area Approx. NIA 71 sqm (765 sq ft)

TOTAL APPROX. NIA 140 sqm (1507 sq ft)

LEASE TERMS

Length of lease negotiable (minimum 3 years).
Tenant responsible for repairs, rates, pro rata contribution to building insurance and other normal tenant outgoings.

OTHER DETAILS

Right of way from Georges Lane to the rear.
Modern suspended ceilings at ground floor level.

NAV

We have been verbally advised that the NAV of the property is £ 11,800
The commercial rate in the pound for 2009/2010 is £0.5177

VAT

Prices, outgoings and rentals are exclusive of but may be liable to VAT.

GUIDE RENT

£15, 000 per annum (excl.)

VIEWING

Viewing is strictly by appointment with Sole Letting agents Best Property Services.