EXCELLENT RETAIL / SHOWROOM PREMISES
LOCATION AND DESCRIPTION
Newry City has a population of almost 30,000, whilst the area serviced by Newry & Mourne Council is almost 90,000. The retail catchment population is in excess of 700,000 persons (CACI 2010) which includes shoppers from both sides of the border.
The property is located in a prominent corner site fronting Monaghan Street in the City Centre.
This high-profile location is adjacent to Newry Medical Village and the Creamery Centre. Other nearby occupiers include Iceland and Dunnes Stores.
The property comprises of a substantial modern retail unit, which was formerly occupied by Iceland. Space is provided over two floors and extends to approximately 10,200sqft in total.
Ground Floor: Main retail area/stores 5,275sqft (490sqm)
First Floor: Staff area, manager’s office, toilet facilities, canteen 2,830sqft (263sqm)
First Floor: Office accommodation
(Separate access) 2,100sqft (195sqm)
Outside: Private parking to rear
The landlord may consider sub-division.
Term Minimum of five years
Rent Upon application
Service Charge A service charge will be levied to cover the landlord’s reasonable costs.
Repairs & Insurance FRI
We are verbally advised that the NAV of the property is £86,300. The current rate in the £ for 2021/22 Newry & Mourne is £0.518 .
We are verbally advised that the NAV of the property is £18,500. The current rate in the £ for 2021/22 Newry & Mourne is £0.518.
Prices outgoing and rentals are exclusive of, but liable to Vat.
For further information and Viewing Arrangements please contact:
Gerard Kelly 07796947736 [email protected]Daragh Mallon 07775576858 [email protected]
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