Newry is considered one of Northern Ireland’s major retailing hub benefiting from its strategic location c.40 miles south of Belfast and c.65 miles north of Dublin and boarders the Irish Republic with County Louth c.15 miles with a population of c.35,000 and a catchment population of c.85,000.
This retail unit is situated fronting onto Hill Street, Newry’s prime retailing location in the heart of Newry City and in close proximity to the First Trust and Newry Cathedral.
Neighbouring retailers include Thompsons Travel, Menary’s, SuperValu and Superdrug.
The property comprises a ground floor shop, together with vacant upper floor commercial/storage premises with separate own door access from Hill Street. In addition, there is a fire escape access from ground floor level to the rear of the property, leading to The Mall. The shop premises comprises approximately 255 sq m (2,751 sq ft).
The Property has been measured in accordance with the RICS Code of Measuring Practice.
ACCOMMODATION GROUND FLOOR
Shop Frontage to Hill Street c. 6.5 m
Sales Area c. 255.6 m2 (2,751 ft2 )
Entrance hallway leading to:
FIRST FLOOR – Storage c. 65 m2 ( 700 ft2 )
SECOND FLOOR – Storage c. 32.69 m2 ( 352 ft2 )
Kitchen c. 25.1 m2 ( 270 ft2 )
Toilet accommodation reflected
Lobby and rear fire escape corridor to the Mall
Net Internal Area c. 378 m2 (4,068 ft2 )
Repairs: Full Repairing Lease
Insurance: Tenant to reimburse the landlord the Insurance Premium
We have been advised by the Land & Property Service of the following rating information.
Annual Rates: £11,730
It is assumed that the property is held by way of a freehold title