101, 107 High Street,

Additional Information

• Prime high street position at the heart of Holywood's retail core.
• Single storey retail unit extending to approximately 5,440 sq ft.
• WAULT of 4.99 years to break and 11.68 years to expiry.
• Fully let to Musgrave Retail Partners NI Ltd (t/a Centra).
• 15 year lease from 26th March 2022 at a a rent of £105,500 pax.
• Upwards only rent review 1st June 2029 to market rent (5% cap per annum.)
• Excellent covenant strength with a Dun & Bradstreet credit rating of 4A2.

The property comprises a single storey retail unit extending to approximately 5,440 sq ft on a site area of about 0.17 acres.

The property is of traditional masonry construction, with the external walls being brickwork. The south eastern elevation comprises the primary ‘retail frontage’ and is largely finished with aluminium frame and double glazing.

The shop floor is fitted with Centra's corporate branding and includes vinyl covered floor surface, aisle format with suspended ceiling and halogen bulb lighting. The shop floor includes a Post Office of similar specification.

A store area is located to the rear of the unit with non slip vinyl tiles and fluorescent strip lights. Ancillary areas include staff toilets, kitchenette and office.

Whilst the majority of the property is occupied by Centra, a separate sub divided retail unit extending to 822 sq. ft is occupied by ladies fashion outlet Rocco Boutique under a sub lease. This unit is well finished internally and includes a tiled f

Directions

Holywood is an affluent town located around 5 miles east of Belfast City Centre, and acts as a gateway to North Down.
The town benefits from excellent transport links, including the main A2 dual carri