Unit 1st Floor, 70-78 Newry Street,

Features

• Spacious first floor commercial premises situated in the heart of Banbridge town centre extending to c. 1,636 sq.ft.
• Translink Bus station conveniently located approximately 100 meters to the rear of the subject property off Kenlis Street.
• Neighbouring retailers include Ground Espresso, Iceland, Superdrug, O2, New Look, Specsavers and House Proud.
• EPC - F127

The subject property occupies a prominent location fronting onto Newry Street, close to the Kenlis Street roundabout which is widely regarded as the prime town centre retail pitch with neighbouring occupiers including Ground Espresso, Iceland, Superdrug, O2, New Look, Specsavers and House Proud.

The premises comprises a first floor commercial premises providing two spacious open plan offices. The property benefits from a self-contained ground floor entrance accessed from Newry Street. The accommodation has been finished to include plastered and painted walls, wood style laminate and carpeted flooring, fluorescent strip lighting and PVC double glazed windows throughout.

Lease

The property is available to lease by way of assignment, the salient details of which are as follows:

Term: 5 years from 27th of January 2022

Rent: £6,250 per annum.

Break Option: Tenant has the option of terminating the lease at the end of

the first year and third year subject to providing six months

prior written notice.

Service Charge: Tenant responsible for payment of a service charge in

relation to a proportion of the landlord’s costs in respect of

external repairs and building insurance.

Management Fee: Tenant responsible for payment of agent management fees

calculated at 5% plus Vat of the annual rent.