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PRIME CITY CENTRE RETAIL/ OFFICE BUILDING
DESCRIPTION
We are delighted to present this self contained commercial/ residential building centrally located in the City of Newry and an ideal investment opportunity.
32 St Marys Street is located in the commercial heart of Newry City centre and is convenient to the main shopping precincts, Newry Market and bus terminal.
This mixed use property has an office or commercial unit on the ground floor and 1 bed studio apartment on the first floor.
LOCATION
Newry occupies a strategic location between Belfast and Dublin, c. 37 miles south west of Belfast. The City has the benefit of excellent communication links due to its location on the main A1 Dual Carriageway which serves as the key link between Dublin and Belfast. The subject property is situated on St Mary's Street, within a short walking distance of the traditional city centre where the majority of the Banks, independent retailers, as well as the global HQ for First Derivatives PLC is located. This enviable location offers ease of access to a variety of nearby carparks, as well as the major road networks such as the M1 & M2.
ACCOMODATION/ SPECIFICATION
Ground Floor Commercial Unit – 550sqft
First Floor Studio Apartment– 420sqft
PRICE
The property is offered to market with a Guide Price of £60,000.
RATEABLE VALUE
NAV: £3,100
Estimated Rates Payable 21/2: £1623.28 per annum.
The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable. However; we recommend that you verify this with Land & Property Services.
VAT
The property is not elected for VAT.
VIEWING DETAILS/ FURTHER INFORMATION
For further information or to arrange a viewing, please contact:
Stephen Gray, Commercial Property Executive
T: 028 300 50633
E: stephen.gray@bradleyni.com
Garrett O'Hare, Commercial Director
T: 028 300 50633
E: garrett.ohare@bradleyni.com
These particulars are issued by Bradley Estates NI Ltd on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing them, Bradley Estates NI Ltd for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) the particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract, (ii) any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access or any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness, (iii) neither Bradley Estates NI Ltd, nor any of their employees have any authority to make any or give any representation or warranty in relation to the property. Note: All plans and photographs are for identification purposes only. Subject to contract.
