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42/43 41 &, 44 Market Square, Dungannon BT70 1JN

Price £950,000

Commercial Property (24,282 sq. feet) For Sale

Price £950,000

Commercial Property (24,282 sq. feet) For Sale

Price £950,000
Style Commercial Property
Status For sale
  • Additional Information
  • Share This Property
  • Personal Notes

Additional Information

Features

  • Substantial Town Centre commercial property in prime pitch.
  • Part let producing a good rental stream with potential to increase that rental stream upon rent reviews/re-gear of the current leases.
  • No.s 41 & 42/43 let to Menarys producing approx. ?61,875 per annum exclusive with the ground floor of No.44 now let at ?18,000 per annum exclusive.
  • Approximately 24,300 sq ft of floor space in total located in a prime pitch within Dungannon Town Centre.

Additional Information

LOCATION
Dungannon is one of the biggest and busiest towns in Co. Tyrone. It is located just off the M1 motorway which links this prosperous market town with Belfast, Lisburn and Portadown. The property has a resident population of approx. 16,000 people with a further catchment population in excess of 60,000 people.

SITUATION
The properties are located on Market Square which would be perceived as the main retail pitch and hub within this very prosperous and extremely busy market town.

DESCRIPTION
No.s 41 & 42/43 Market Square occupied by Menarys, is a substantial 4 storey property with lettable accommodation arranged over basement, ground, 1st and 2nd floor.

The property was redeveloped and refurbished a number of years ago and has been let to Menary's Retail Ltd since that time. Menarys are an excellent local multiple chain who trade from 18 stores throughout the North of Ireland.

Bob & Bert's, which is a concession within Menarys, trade from part of the ground floor very successfully.

Ground floor of no. 44 is currently let and provides a modern retail premises with excellent glazed shopfront. Upper floor space in 44 Market Square could potentially lend itself to conversion to residential apartments (subject to any necessary consents).

Residential rental sector in Dungannon proves to be very successful due to the increasing population within the general area.

Obvious asset management opportunities.

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Property Statistics

Total Views

(since advertised)

1,960

Listing Views

Date Views Unique Views Featured Published Bumped
28th Sep 4 4 No No No
29th Sep 16 16 No No No
30th Sep 3 3 No No No
1st Oct 2 2 No No No
2nd Oct 5 5 No No No
3rd Oct 46 46 No Yes No
4th Oct 44 44 No Yes No
5th Oct 29 29 No Yes No
6th Oct 22 22 No Yes No
7th Oct 12 12 No Yes No
8th Oct 11 11 No Yes No
9th Oct 5 5 No Yes No
10th Oct 7 7 No Yes No
11th Oct 10 10 No Yes No
12th Oct 26 26 No Yes No
13th Oct 13 13 No Yes No
14th Oct 7 7 No Yes No
15th Oct 3 3 No Yes No
16th Oct 7 7 No Yes No
17th Oct 9 9 No Yes No
18th Oct 7 7 No Yes No
19th Oct 5 5 No Yes No
20th Oct 4 4 No Yes No
21st Oct 12 12 No Yes No
22nd Oct 3 3 No Yes No
23rd Oct 4 4 No Yes No
24th Oct 4 4 No Yes No
25th Oct 4 4 No Yes No
26th Oct 7 7 No Yes No
27th Oct 5 5 No Yes No

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