7 Prospect Court, Omagh

Additional Information

Description

The subject property comprises a ground floor retail unit located in Prospect Court. The property has most recently been used as a coffee shop/bistro but may be suitable for a variety of other uses (subject to planning approval). The unit has ancillary kitchen and toilet facilities at the rear.

Location

The property is located within Prospect Court, which is a small arcade of shop units located to the rear of Boots Chemist. Located nearby are some of the larger national retailers including O2, Gordons Chemist, Game, Subway and O’Briens. There are three large town centre car parks located in this area. The property would benefit from a large footfall in the vicinity from shoppers and the nearby schools.

Accommodation

Ground floor:
Retail unit:    38.7sq m      417sq ft
Kitchen area 8.5 sq m       9 sq ft
Toilet              1.5 sq m     16 sq ft
Lobby              0.8 sq m      9 sq ft

Measurements are quoted for general guidance and should not be relied upon when making business decisions without the prospective purchaser carrying out a more detailed survey.

Terms

The remaining 4 years of the 19-year lease fixed in October 1993 will be transferred by way of assignment. The lease is an external maintenance and insurance lease by way of service charge.

Rent

The passing rent £8,500 per annum paid quarterly in advance. VAT is not applicable.

NAV

The NAV is £6,300 p.a. The current rate in the pound for 2008/2009 is £0.508.

FOR VIEWING AND FURTHER INFORMATION PLEASE CONTACT AGENTS AT: -

J G FLEMING LLP
CHARTERED SURVEYORS & COMMERCIAL ESTATE AGENTS
10B FOUNDRY LANE, OMAGH, CO. TYRONE BT78 1ED

Tel: 028 8225 0040
Fax: 028 8225 0041
Email: info@jgfleming.com

These particulars do not constitute any part of an offer or contact. None of the statements contained in these particulars are to be relied on as statements or representations of fact and the intending purchaser must satisfy himself by inspection or otherwise as to the correctness of the statements in these particulars. The vendor does not make or give and neither J.G. Fleming, nor any person in their employment, has authority to make or give any representation or warranty.

For more information please contact contact the agent.