12 Upper Water Street Newry , BT34 1DJ

Additional Information

Upper Water Street, Newry

LOCATION

Newry is strategically located on the economic corridor between Dublin – Belfast with a district population in excess of 90,000 people. Newry has experienced considerable expansion in recent times and has become one of the country’s foremost shopping destinations. This property is located on Water Street which experiences high traffic daily and is a prominent street in Newry City with surrounding business’ such as The Pheonix, Supervalu, Casino Palace, The Bank, Jean Croziers and the Bridge Bar.

ACCOMMODATION

Main retail                        287 sqft -  26.6 sqm

Kitchen                             183 sqft -  17 sqm

Prep Area                         128 sqft -  11.8 sqm

Storage/ Cold Storage       135 sqft -  12.5 sqm

KEY FEATURES

• Electric shutters
• Inventory of equipment available
• Cold storage to rear
• Ventilated Work Area

LEASE TERMS

Minimum 3-year lease

GUIDE RENT

£15,950 per annum (exclusive)

VAT

Outgoings are inclusive but may be liable to VAT

NAV

We are verbally advised that the NAV of the property is: £6,550.

The commercial rate in the pound for 2023/24 is £0.5152.

EPC

D – 85 - https://find-energy-certificate.service.gov.uk/energy-certificate/7330-6226-1131-1697-1517

VIEWING

Gerard Kelly         07796947736          gerard@bestpropertyservices.com