A 2, &, B Monaghan Street & 7 Merchants Quay,

Additional Information

• Located in Newry city centre
• 2 retail units & 3 luxury apartments
• Exceptionally well-presented accommodation
• Benefit of existing tenant
• 4 star tourist NI certified
• Instructed to seek offers in excess of £1,000,000

The property is situated on a prime corner site with dual frontage onto Merchants Quay and Monaghan Street. The accommodation is arranged over 3 levels with a total of two retail units on the ground floor and three serviced apartments on the upper levels.



Retail unit 1 is currently under lease to Grounded Espresso Bar for a term of 10 years from 16 August 2021. Ground Expresso Bar has been in occupation since 2006 and full lease details can be provided upon request. Retail unit 2 is vacant.



The property also has the benefit of 3 luxury spacious apartments which were recently refurbished in 2019, with the accommodation offering a stylish modern feel. These apartments are known as ‘Godfrey Mews Apartments’ which is an ode to the adjacent Godfrey Bridge. The apartments offer views over the Newry Canal which is Ireland’s oldest man-made waterway that officially opened in 1742.



The apartments are all 4-star tourist NI certified and present an opportunity

Directions

Newry is known as 'The Gateway to the North' due to the proximity to the border between ROI & NI, offering an unrivalled location. Newry is located about 4.5 miles (7 km) to the north of the border wi