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CLOSING DATE: FRIDAY 21 FEBRUARY 2020 AT 12 NOON
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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