Prominent Town Centre Retail Unit
Newtownards is a busy market town located on the shores of Strangford Lough c. 10 miles east of Belfast with a population of c. 45,000 persons.
The subject comprises a ground floor retail unit within the towns retail core and benefitting from a high level of pedestrian footfall and passing vehicular traffic.
Would be suitable for a wide range of uses subject to any necessary planning consents.
Neighbouring occupiers include Cafe Nero, SD Kells, Argento, Savers, Vogue and Card Factory.
The property comprises an open plan retail area with rear store, kitchen and WC facilities.
Ground Floor Retail Unit extending to c. 128 sq m (1,377 sq ft)
RENT:£22,500 per annum
TERM:Negotiable
REPAIRS / INSURANCE:Full repairing and insuring basis.
NAV / Capital Value
From our review of the Land and Property Service online website, the NAV for the subject property is £19,500. The commercial rate in the pound for 2019 / 2020 is £0.569837.
Please note that all perspective tenants should make their own enquiries to confirm the NAV / rates payable.
All prices, outgoings etc are exclusive of, but may be subject to VAT.