12 Upper Water Street,

LOCATION
Newry is strategically located on the economic corridor between Dublin – Belfast with a district population in excess of 90,000 people. Newry has experienced considerable expansion in recent times and has become one of the country’s foremost shopping destinations. This property is located on Water Street which experiences high traffic daily and is a prominent street in Newry City with surrounding business’ such as The Pheonix, Supervalu, Casino Palace, The Bank, Jean Croziers and the Bridge Bar.

ACCOMMODATION
Main retail                      287 sqft - 26.6 sqm
Kitchen                            183 sqft - 17 sqm
Prep Area                         128 sqft - 11.8 sqm
Storage/ Cold Storage       135 sqft - 12.5 sqm

KEY FEATURES
Electric shutters
Inventory of equipment available
Cold storage to rear
Ventilated Work Area

LEASE TERMS
Minimum 3-year lease

GUIDE RENT
£15,950 per annum (exclusive)

VAT
Outgoings are inclusive but may be liable to VAT

NAV
We are verbally advised that the NAV of the property is: £6,550.
The commercial rate in the pound for 2023/24 is £0.5518.

EPC
D – 85 - https://find-energy-certificate.service.gov.uk/energy-certificate/7330-6226-1131-1697-1517

VIEWING
Gerard Kelly         07796947736          [email protected]
Ryan McBride                            [email protected]