Unit 5 Plaza Retail Park, 50 Belfast Road,

PROMINENT RETAIL PROPERTY c. 3,686 sq ft (342.47 sq m)

LOCATION AND ACCOMMODATION
The Plaza Retail Park occupies a highly visible and prominent position only minutes from Newry town centre adjacent to the Mourne Country Hotel. The scheme benefits from 42 free car parking spaces on site and the use of an ATM. Occupiers within the scheme include Domino's Pizza, Spice India and Genoa.

This is a modern property finished to a high specification to include cantilevered cladded roofing, block walls, aluminium glazing and powder coated electric roller shutters.
Kitchen and W.C facilities are contained within.

We estimate the property to have the following areas:

Ground Floor 2,849sqft    264.71sq m
Mezzanine 837sqft    77.76sq m
Total 3,686sqft   342.47sq m

LEASE TERMS
Term: Flexible Lease Terms Available
Rent: Price on Application
Repairs: FRI Equivalent Lease
Service charge: Tenant responsible for service charge in respect of the upkeep of the exterior and common area's, management etc.
Insurance: Tenant to reimburse the landlord in
respect of a fair proportion of the building insurance premium.

NET ANNUAL VALUE
We have been advised by Land & Property Services that the NAV of the property is currently £50,900
Rate in the £2021/2022 = 0.518970
Rates Payable are estimated to be c. £26,416 per annum
Interested parties are advised to make their own enquiries in respect of rates.

VAT
We have been advised that the property has been elected for Value Added Tax

EPC RATING
Unit 5 - E 110 - https://find-energy-certificate.service.gov.uk/energy-certificate/0990-8964-0394-2470-3070
Unit 5a - D 84 - https://find-energy-certificate.service.gov.uk/energy-certificate/9319-3019-0059-0800-4595

VIEWING
By appointment with Best Property Services.
Contact Gerard Kelly on 028 3026 6811 – [email protected]
Contact Daragh Mallon on 028 3026 6811 – [email protected]