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- Occupying a prominent position on High Street, Holywood, one of Greater Belfast's most sought after retail destinations.
- Extending to approximately 2,697 sqft (250.51 sqm).
- Fully let at a rent of �30,000 pax, increasing to �32,500 pax in November 2018 and �35,000 paxin November 2020.
Holywood is an attractive commuter town situated approx. 6 miles east of Belfast with a resident population of c. 12,000 people and an extensive affluent catchment population.
With a strong mix of both national and local niche retailers and boutiques, neighbouring occupiers include Progressive, Subway, Coffee Yard, Solo Hair & Centra.
The property is located in a prime position in the town and benefits from a high volume of passing footfall and vehicular traffic.
The property comprises a single storey premises of brick/blockwork construction with marble effect tile cladding and glazed shopfront to the front elevation and a part pitched/part flat roof.
Internally it is arranged to provide modern retail accommodation, caf� counter & seating area, ancillary prep room and store, office and wcs. Finishes include plastered & painted/feature walls, solid floors with laminate covering, suspended ceilings with LED strip & spot lighting and air-conditioning.
Let on a Full Repairing & Insuring basis to NI Approach Ltd t/a Ferguson Flowers for a term of 10 years from 27th November 2017, subject to a 5 yearly upwards only rent review.
There is also a tenant only break option on the 26th November 2022.
The rent is stepped over the first five years of the term as follows:
Year 1: �30,000 pa exclusive.
Years 2 & 3: �32,500 pa exclusive.
Years 4 & 5: �35,000 pa exclusive.
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