£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
Location
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.

Description
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.

Accommodation
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 - 48B
Unit 43 - 51C
Certificates can be provided upon request.
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Location
0 Nearest Schools

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