Added 6 hours ago
Price £275,000
Bob & Berts, 5 Market Street
Portadown, Craigavon, BT62 3JY
Investment Property
Investment Property

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- Prime position at the heart of Portadown's retail core.
- Three storey property that has been maintained to the highest of standards.
- Accommodation extending to approximately 5,978 sq ft with hot food consent.
- WAULT of 6.06 years to expiry and 1.06 years to break.
- Fully let to Bob & Berts (Portadown) Limited from 17/11/2017 for 15 years.
- Rent of £20,000 per annum.
- Break option on 17/11/2027 subject to 3 months' notice.
- Upcoming rent review on 17 November 2027, upwards only to OMV.
The property occupies a prominent mid-terrace position along a busy commercial street, featuring a traditional brick façade with large frontage windows providing strong natural light. At ground level, a fully glazed shopfront with bold signage offers excellent visibility and street presence. Located among a well-established mix of national and independent occupiers, the building benefits from high pedestrian footfall and vehicular traffic.
The ground floor provides a well-configured, open-plan commercial space featuring timber flooring, high ceilings and an industrial-style finish with exposed services and feature lighting. A prominent fitted service counter runs along one side, supported by a preparation and display areas, while the generous central floor plate allows for flexible layout options. Customer WC facilities are provided to the rear of the ground floor.
The first floor provides further customer seating to the front, offering a comfortable and functional extension to the main trading area below. The commercial kitchen is located to the rear of the first floor and is finished to a practical standard with non-slip flooring, hygienic wall finishes and extensive stainless-steel workstations. It is
equipped with dedicated cooking, preparation, washing and storage zones, supported by extraction, refrigeration and service access.
The second floor provides a practical and well-proportioned storage area, currently used for dry goods and bulk storage with 2 additional WC’s. This level offers valuable ancillary space to support the commercial use of the building, with potential for reconfiguration subject to requirements and consents.
Covenant Strength
Bob & Berts is a well-established Northern Irish coffee shop brand, founded in 2013 in Portstewart by Colin McClean. Since inception, Bob & Berts has experienced significant growth, expanding rapidly across Northern Ireland, Scotland and England to operate more than 30 stores.
Unaudited management accounts for the financial year ended June 30 2026 show revenues increasing by 8.3% to £24.3m, with pre-tax profits rising to £1.32m. Operating profit also increased to approximately £1.45m, while trading EBITDA grew by almost 73% to £2.76m.
The improved results follow a deliberate decision by the business to pause its store opening programme during the financial year ended June 2025, to allow it to focus on strengthening its existing stores and investing in the systems, technology and customer offering needed to support future growth.
The Group’s statutory accounts for the year ended June 30 2025, show revenues of £22.5m and trading EBITDA of £1.59m.
Directions
Prime High Street location at the heart of Portadown’s retail core.
Portadown is a prominent market town within County Armagh, serving as a key retail and commercial hub for the wider Mid‑Ulster region.
The town benefits from strong transport connectivity, with direct rail services to Belfast and Dublin, as well as convenient access to the M1 motorway, supporting high levels of commuter and visitor footfall.
The subject property is prominently positioned on Market Street, one of Portadown’s principal retail thoroughfares and a well‑established destination for national and independent occupiers. Market Street links the town’s main shopping areas and public transport nodes, ensuring consistently strong pedestrian flows throughout the day.
The immediate surrounding area comprises a mix of retail, food & beverage, and commercial uses, reinforcing the street’s appeal as a prime trading location.
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