39 Portaferry Road, Newtownards BT23 8NN

Features

• Extending to approximately 6,499 sq ft (603.81 sq m).
• Comprises an excellent showroom with ancillary warehouse accommodation and dedicated on-site parking.
• Occupying a highly prominent and easily accessible location on the towns ring road, close to the town centre and Castlebawn retail park.

Additional Information

Location
Newtownards is a prosperous market town situated approximately 10 miles from Belfast and 5 miles from Bangor with a resident population of c. 30,000 people and a catchment population of c. 165,000 people within a 15 minute drive time. It is the principal retail and administrative centre for the Ards peninsula.

The subject property occupies a prominent location on the towns ring road, close to the town centre and Castlebawn retail park which is anchored by Tesco, Matalan and Home Bargains. Occupiers in the immediate locality include Downeys Kia Motors, Peugeot and Howdens.

Description
The property comprises a showroom premises of brick construction with a pitched corrugated roof and part glazed, part profile metal clad front and side elevation.
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Internally the showroom is arranged to provide a retail area with an ancillary office, staff kitchen, store, WCs and a small mezzanine store to the rear. It is fitted to include a tiled floor, plastered and painted walls, suspended ceiling with recessed spot lighting and gas fired heaters.

There is a dedicated customer parking area immediately to the front of the showroom.

Accommodation
The premises provides the following approximate gross internal areas:
- Showroom: 3,723 sqft (345.88 sqm)
- Mezzanine: 473 sqft (43.98 sqm)
- Total: 4,196 sqft (389.86 sqm)

Lease Details
- Term: By Negotiation
- Rent: £30,000 per annum exclusive
- Repairs: Full Repairing Terms
- Insurance: Tenant to reimburse the Landlord in respect of the building insurance premium.

NAV
To be reassessed. Rate in the £ for Ards & North Down 2022/23 is 0.5223.

VAT
Please note all prices, rentals and outgoings are quoted net of VAT which may be chargeable at the prevailing rate.