67 Hill Street Newry , BT34 1BT

Additional Information

Hill Street, Newry

LOCATION AND DESCRIPTION

Newry City is situated approximately 34 miles from Belfast and boast a district population of c. 88,000 and a catchment population of c. 150,000 within a 15 minute drive time.

The subject property occupies a prime location on Hill Street, the main thoroughfare in the City and also benefits from return frontage to Margaret Square.Accommodation is provided over 3 floors in total. Other nearby occupiers include, Ulster Bank, The Shelbourne, Harry Corry, Axa Insurance and Santander.

ACCOMMODATION

Ground Floor:

• Retail Area NIA c.1755 sqft (163 m2)

   

  First Floor:

• Office, Stockroom, W/C provision, Staff Room NIA 650 sqft (60m2)

   

  Second Floor:

• Ancillary Storage – NIA 635 sqft (59m2)

 
Total NIA – 3040sqft

LEASE DETAILS

Length of lease negotiable (min 5 year term). Tenant responsible for repairs, rates and building insurance together with all other normal tenant outgoings.

 
GUIDE RENT

Option A – £24,950 Per Annum

Option B – £15,500 Per Annum (to include upper floors) - See brochure for further details

OTHER DETAILS

• Electric roller shutter doors,
• Security alarm fitted
• Excellent Business Opportunity in Prime Pitch

NAV

We are advised that the NAV of the property is £34,300.  Rates in the £ for 2022/2023 is £0.5152. Rates payable approx. £17,671 Per Annum

NB – Above figures provided by LPS and should be confirmed by incoming tenant

EPC

C - 65

V.A.T.

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

VIEWING

For further information and viewing arrangements please contact:

Gerard Kelly            07796947736          gerard@bestpropertyservices.com

Ryan McBride                                       ryan@bestpropertysservices.com