28 Monaghan Street Newry , BT35 6AA

Additional Information

EXCELLENT RETAIL / SHOWROOM PREMISES

LOCATION AND DESCRIPTION

Newry City has a population of almost 30,000, whilst the area serviced by Newry & Mourne Council is almost 90,000. The retail catchment population is in excess of 700,000 persons (CACI 2010) which includes shoppers from both sides of the border.

The property is located in a prominent corner site fronting Monaghan Street in the City Centre.

This high-profile location is adjacent to Newry Medical Village and the Creamery Centre. Other nearby occupiers include Iceland and Dunnes Stores.

The property comprises of a substantial modern retail unit, which was formerly occupied by Iceland.  Space is provided over two floors and extends to approximately 10,200sqft in total.

No 28

Ground Floor:          Main retail area/stores 5,275sqft (490sqm)         

First Floor:               Staff area, manager’s office, toilet facilities, canteen 2,830sqft (263sqm)

No 28A        

First Floor:               Office accommodation

                               (Separate access)                        2,100sqft (195sqm) 

Outside:                  Private parking to rear

 
Potential for Sub division from 950 sqft

LEASE DETAILS

Term                                 Minimum of five years

Rent                                  Upon application

Service Charge                  A service charge will be levied to cover the landlord’s reasonable costs.

Repairs & Insurance          FRI

RATES 

No 28

We are verbally advised that the NAV of the property is £86,300.  The current rate in the £ for 2021/22  Newry & Mourne is £0.518 .

No 28A

We are verbally advised that the NAV of the property is £18,500.  The current rate in the £ for 2021/22 Newry & Mourne is £0.518.

VAT 

Prices outgoing and rentals are exclusive of, but liable to Vat.

VIEWING

For further information and Viewing Arrangements please contact:

Gerard Kelly            07796947736          gerard@bestpropertyservices.com