Elagh Business Park, Buncrana Road, L'Derry BT48 8LA

Additional Information

LOCATION & DESCRIPTION

The city of Derry is the second largest city in Northern Ireland, with a population in excess of 110,000 persons and acts as the regional administrative centre for North West Ireland. An established transport network serves the city with good links to all major towns and cities throughout the province.

The subject units enjoy prominent and high visibility from the A2, being the main arterial route between Derry and Donegal carrying some 17,500 vehicles on a daily basis.

The units are newly built and finished to shell specification and are of steel portal frame construction, with part brick finish to walls at ground floor level and double skin cladding to the remainder of walls and roof, screed floor and roller shutter access. The benefit of 3 phase electric is also available.

Ample car parking provided and laid out in tarmac, available for immediate occupation.

The neighbouring lands are set to benefit from a phased development scheme to include some c.3,000 homes.

ACCOMMODATION
Please refer to our brochure attached.

SITE AREA
C.1.012 ha/c.2.5 acre.

LEASE DETAILS

Term: 10 years, Negotiable
Rental: price on request, incentives on offer
Insurance: Each tenant shall pay a fair proportion of the total building insurance premium.
Service Charge: Each tenant shall pay a fair proportion of the cost in repairing and maintaining the exterior of the building, together with the cleaning and lighting of the external areas.

SALE DETAILS
Price: Price on request.

Title: Long Leasehold, vendors solicitor to confirm.

SERVICE CHARGE:
All occupiers will be responsible, on a pro-rata basis, for service charge associated with the main estate road – eg., any public lighting, landscaping, general maintenance or other management charges.

NAV

We are advised by the Land and Property Services that the combined NAV for units 2-5 is £75,000. NAV for individual units not yet assessed. The commercial rate in the pound for the Derry District for the current year is £0.543236.

VAT

All prices, outgoings and rentals quoted are exclusive of, but may be liable to VAT.

VIEWING

Contact Michael Burke (michael.burke@okt.co.uk) on 02870344244