Unit 1, Foundry Lane, Omagh BT78 1ED

The subject property comprises a small, compact retail unit in Foundry Lane on the edge of Omagh town centre. This is a ready to occupy unit, which may suit a variety of commercial uses, subject to planning approval.

Location

Foundry Lane provides access from the Kevlin Road/Foundry Lane car parks to High Street and therefore benefits from high levels of footfall generating obvious potential for passing trade. Occupiers within Foundry Lane include This ‘n’ That, Dreamland, Music Master, a Polish food shop, The Sports Shop, The Meat Joint, Party Plaza, Full Stop Coffee Shop and Barry Fox Solicitors.

Omagh is the county town of Co. Tyrone in Northern Ireland. Omagh has a population of over 22,000 people, making it one of the largest towns in the west of Northern Ireland. Omagh is well positioned along the A5 corridor, which is the arterial road network servicing the northwest area of the Province. Omagh is located approximately 35 miles from Derry/Londonderry and some 70 miles from Belfast.

Areas

GF Retail: circa 40 sq m 440 sq ft.
IF Stores/retail: circa 31 sq m 330 sq ft.
IF Store: circa 5.0 sq m 50 sq ft.
IF WC: circa 3.8 sq m 41 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.

Rating

The Land & Property Services Website indicates that the NAV of the property is as follows:
1 Foundry Lane: Shop £7,900 Other.
Non-domestic Poundage Rate for 2011-2012 is 0.542789. Rates payable are approximately £4,288.

Lease Terms

Term: Three-year internal repair and insuring lease.
Rental: £9,000 per annum plus VAT (if applicable).
Repairs: Tenant will be responsible for Internal repairs and maintenance. The Tenant will also be responsible for the windows.
Insurance: The Tenant will be responsible to reimburse the Landlord for the bricks and mortar insurance premium. Tenants will be responsible for insuring contents.
Service Charge: N/A.

VAT

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

FOR VIEWING AND FURTHER INFORMATION PLEASE CONTACT AGENTS AT: -
J G FLEMING LLP Tel: 028 8225 0040
CHARTERED SURVEYORS, PROPERTY CONSULTANTS & ESTATE AGENTS
42A HIGH STREET, OMAGH, CO. TYRONE BT78 1BP
Email: info@jgfleming.com Fax: 028 8225 0041 Web: www.jgfleming.com

JG Fleming LLP is a Limited Liability Partnership registered in Northern Ireland with registered number NILLP162. The registered office of JG Fleming LLP is 10B Foundry Lane Omagh. These particulars do not constitute any part of an offer or contract. None of the statements contained in these particulars are to be relied on as statements or representations of fact and the intending purchasers must satisfy himself/herself 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 LLP, nor any person in their employment, has authority to make or give any representation or warranty.