Kildare Street, Newry, BT34

Description

SUBSTANTIAL CITY CENTRE COMMERCIAL PREMISES

LOCATION

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

The subject property is situated fronting Kildare Street in the heart of the city centre in close proximity to the City Hall and Hill Street, Newry’s main shopping thoroughfare.

ACCOMMODATION

Ground Floor - Main retail area 705 sqft 65.5 sqm
Kitchen 255 sqft 32.7 sqm
Store 500 sqft 23.7 sqm
Enclosed yard

First Floor - 3 No. Offices GIFA 900 sqft*

Second Floor - 3 No. Offices GIFA 900 sqft*

* Separately accessed

The property benefits from planning for existing food use.
First and Second floor accommodation have been unoccupied for a number of years and are in need of refurbishment.

GUIDE PRICE

Guide price of offers over £375,000

OFFERS

Whilst the agents invite offers from interested parties for this property initially on a private basis, we reserve the right on behalf of the vendors to conclude the bidding (if necessary) by holding a meeting of all bidders on a specified date and time in our office.

In the event that a meeting is to be arranged, only those parties with a valid offer on the property can be assured of being notified of the specific time and date.

NAV

We are advised that the NAV for the property is £15,100. The commercial rate in the pound for 2008/09 is £0.5039

VAT

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

SOLICITOR DETAILS

McShane and Co
34 Hill Street
Newry
Tel: 028 3026 6611

VIEWING

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

Contact Gerard Kelly - gerard@bestpropertyservices.com
Or Daragh Mallon - daragh@bestpropertyservices.com