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Retail Unit, 10 Margaret Street, Newry BT34 1DF

£8,500 / year

Key Information

Address Retail Unit, 10 Margaret Street, Newry
Rent £8,500 / year
Deposit £850
Available From Now
Style Retail unit
EPC Rating EPC Rating
Status To let

Summary

  • City Centre Location
  • Parking Nearby
  • Excellent Condition
  • Electric Roller Shutter
  • 3 Phase Electricity Supply
  • Walk In Fridge

Additional Information

This prime commercial unit is located in the centre of Newry City, just off the busy Hill Street and is suitable for a variety of commercial/ retail uses. The property is just few minute’s walk from both the Buttercrane and Quays Shopping Centres and is within close proximity of Danske, Santander, Ulster and First Trust Bank driving significant footfall to the area. Within the immediate vicinty of the unit, neighbouring occupiers include The Newry Reporter, The Shelbourne Bakery, Superdrug, Supervalu and The Edinburgh Woollen Mills. The property also benefits from a nearby carpark at North Street, which provides for convenient access for customers. 

Newry is a thriving regional centre located close to the border with the Republic of Ireland, approximately 40 miles from Belfast and 60 miles from Dublin. The centre has a catchment population, extending close to both sides of the border of 1.3 million living within a 25 minute drive time. Newry is ranked 3rd in CACI ranking of Northern Ireland Centres, 9th for Ireland overall.

 

ACCOMODATION:

Ground Floor: Retail unit with offices/ storage

First Floor:  Kitchen Area/Storage/wc. 

Additional Features: Laminate strip flooring,  walk-in freezer,  plastered and painted walls/ ceilings, fluorescent lighting, perimeter trunking. two inputs of 3-Phase power.

 

SIZE & MEASUREMENTS

Ground Floor :  650 sq ft

First Floor:  650 sq ft

TOTAL:  1300 sq ft

 

TERMS

3 Years Minimum Term
Full repairing and insuring basis

 

We are advised by Land & Property Services that the property has a NAV of £9,700.00. The rate in the £ for 2018/2019 is £0.559 and the rates payable are £5423.31 p.a.