9 Margaret Street, Newry, BT34

Description

PROMINENT RETAIL UNIT

Location and Description

Newry is a rapidly expanding city within the Newry and Mourne council area, which has a population of approximately 87,000 persons. The city has strategic location c37 miles south of Belfast via the M1 motorway and c66 miles north of Dublin.

The subject property is situated fronting Margaret Street, Newry with accommodation provided over ground and first floor level.

The property benefits from having a city centre location and public parking nearby.

Accommodation

Ground Floor NIA 67sqm (728sqft)

First Floor NIA 77sqm (830sqft)

TOTAL NIA 144sqm (1560sqft)

Lease Details

Length of lease negotiable. Tenant responsible for internal repairs, rates, building insurance and all other normal tenant outgoings.

Guide Rent

£17,500 Per annum.

V.A.T.

Prices, outgoings and rentals are exclusive of but maybe liable to VAT

N.A.V.

It is advised that the NAV of the property is £17,200. The commercial rate in the pound for 2009 / 2010 is £0.5407.

Viewing

Strictly by appointment with: Best Property Services
108 Hill Street
Newry
Co Down
BT34 1BT
Tel: 028 302 66811
Fax: 028 308 65607

Contact: Gerald Kelly, Daragh Mallon or Michael Hendron.