35-41 Railway Road, Coleraine BT52 1PF

Additional Information

LOCATION & DESCRIPTION

Railway Road forms part of Coleraine Town Centre’s busy one way system and is a well known extension of the town’s main retailing pitch, popular with both local and national operators alike.

The property’s location benefits from a good deal of car parking provision both adjacent and additionally at the Leisure Centre.

The extensive unit size allows for a good degree of flexibility suitable for a variety of commercial uses, subject to planning approval, such as showroom, leisure, gallery, convenience shopping and other tertiary services. Potential for subdivision.

The ground floor unit is finished to a shell finish to include shop front and roller shuttering, toilets to up stand level and electrics to distribution point. The first floor is finished to include a suspended ceiling, plastered painted walls, kitchen and toilet facilities and is fully networked.

ACCOMMODATION
Ground - Retail 3,100 sq ft (288.1 sq m) - £29,000 per annum

LEASE DETAILS

Rent: As per above
Term: 10 years subject to rent review at the 5th year

Repairs: Tenant responsible for internal repairs and will contribute towards a service charge for external repairs, maintenance and management on a pro rata "space taken" basis.

Insurance: Landlord to pay and tenant to reimburse proportionally in respect of the annual premium.

NAV
£27,000 - Commerical rate in the pound is £0.512092.

VIEWING
Contact Henry Taggart (henry.taggart@okt.co.uk) on 028 7034 4244.