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Located in one of the prime retail streets in the vibrant town of Omagh, this two storey retail shop has excellent frontage, spacious retail accommodation and first floor storage.
A well maintained building, with a long established PLC Tenant providing a rental income (the sale of the Freehold does not affect the present business of Tenancy).
Freehold Investment For Sale (Tenant/Business Unaffected)
Prime Town Centre Retail Premises
Excellent Investment Opportunity, Represents Circa 9% gross initial yield
Long Established Plc Tenant
Full Details and Viewing Arrangements Strictly Through Agents
Accommodation (Dimensions/Areas Approximate)
Ground Floor Retail: 222 sq m (2390 sq ft)
Ground Floor Store: 31 sq m ( 330 sq ft)
First Floor Stores: 143 sq m (1570 sq ft)
NAV: The NAV for Rating Purposes is £28,000
Lease: The property is held by the Tenant, C & J Clark (International Ltd), for five years from 15 November 2018 (Tenant Break Option at the end of year three) on FRI terms at an annual rent of £32,200.
Full details and viewing arrangements from the Agents.
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