£18,500 per year

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Meadows Shopping Centre

Meadow Lane, Portadown, BT62 3TN

Retail (2,835 sq ft)

Retail

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Marketed by Cushman & Wakefield

+44 28 9023 3455

Property Information

Size:

263.4 sq m (2,835 sq ft)

Additional Information

Meadows Centre is a bustling c. 130,000 Sq Ft shopping centre anchored by a Tesco Superstore and The Range benefitting from a free c. 700 space onsite car park containing a McDonalds drive thru. Unit 31/32 - Prominent ground floor retail unit positioned adjacent to The Range with rear servicing. Unit 43 - High profile retail unit positioned adjacent to Tesco with extensive glazed frontages. The ground floor is fully fitted and currently comprises retail sales to the front with ancillary accommodation and servicing to the rear. The first floor currently provides storage accommodation.

Portadown is a busy market town located in the Armagh City, Banbridge and Craigavon Borough Council area. It has a population of c. 33,000 people and a catchment population of c. 95,000 people. The town is located approximately 23 miles south west of Belfast and 20 miles north of Newry. It is served by an excellent bus, rail and road network and is strategically positioned just off the M1 Motorway. Meadows Centre occupies a highly prominent and accessible position in the town centre on Meadow Lane in close proximity to High Street and adjacent to the River Bann.

Unit 31/32 GF - 1,862 Sq Ft 1F - N/A Total - 1,862 Sq Ft Unit 43 GF - 1,290 Sq Ft 1F - 1,545 Sq Ft Total - 2,835 Sq Ft Lease A new effective full repairing and insuring lease to be granted. Term - By Negotiation Occupancy Costs Unit 31/32 Quoting Rent - £18,500 pax Rates Payable 2025/26 - £10,186 Service Charge - £7,739 pax Insurance - £561 pax Unit 43 Quoting Rent - £20,000 pax Rates Payable 2025/26 - £8,051 (excluding SBRR) Service Charge - £5,162 pax Insurance £414 pax VAT All prices, rentals and outgoings are quoted net of VAT which may be chargeable. EPC Unit 31/32 - 48|B Unit 43 - 51|C Certificates can be provided upon request.

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