Modern First & Second Floor Office Suites each of 1,142 sq ft with lift access
Downpatrick is located in Co. Down and is approximately 23 miles south east of Belfast. Co. Down has a population of just over 454,000 and is the most industrialised region in Northern Ireland and includes the principal towns of Belfast, Newtownards, Bangor, Banbridge and Newry.
The town of Downpatrick has a resident population of c. 11,000 and benefits from a catchment area which includes Carryduff, Saintfield, Killyleagh, Portaferry, Castlewellan and Newcastle.
Modern first and second floor offices fitted to include carpeted floors, painted/plastered walls, suspended ceilings with recessed diffused lighting, perimeter trunking, electric heating, kitchen, WC's and passenger lift access.
Prominent town centre building with adjoining occupiers including Brian Feeny Solicitors, Citizens Advice Bureau, Ulster Bank, First Trust, Toals Bookmakers and Down Arts Centre.
FIRST FLOOR
4 No. Offices - c. 102 sq m (1,100 sq ft)
Kitchen - c. 4 sq ft (41 sq ft)
2 No. WCs
SECOND FLOOR
6 No. Offices - c. 102 sq m (1,100 sq ft)
Kitchen - c. 4 sq m (41 sq ft)
2 No. WCs
Term: Negotiable
Rental:
First Floor - £5,75 per annum
Second Floor - £5,750 per annum
Repairs / Insurance: Internal repairing and insuring lease together with service charge liability.
NAV / Capital Value
We are advised by the Land and Property Service that the current NAV for the subject properties are:
First Floor - £9,650
Second Floor - £9,650
The commercial rate in the pound for 2017 / 2018 is £0.559104.
Note - LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.
All prices, outgoings etc are subject to VAT