The premises benefits from a glazed shop front and internally it has been finished to include plastered/painted walls, suspended ceilings with fluorescent strip lighting and is ready to receive tenants fit-out.
The unit benefits from an existing Bulky Goods planning consent.
M&S, Tesco, Next and H&M and the adjacent Retail Park (121,638 sq ft) with tenants including DW Sports, Harry Corry, Pets at Home and Laura Ashley.
We have been advised by Land & Property Services that the NAV for the property is £121,500. The rate in the £ for Ards & North Down 2017/2018 is £ 0.546047 resulting in rates payable of approx £66,344.71 pax.
All prices, rentals and outgoings are quoted net of VAT which may be chargeable.
The property provides accommodation of the following approximate
Net Internal Area: 9,948 sq ft (924 sq m)
Tel: 028 9089 4066
Bloomfield Retail Park and Shopping Centre is prominently situated on the Bangor ring road approximately 2 miles south of Bangor town centre.
Bangor is located approximately 14 miles north east of Belfast with a population of 57,000 within the 10 minute drive time and increasing to 109,000 within the 20 minute drive time.
Bloomfield is the dominant scheme in Bangor, split between the Shopping Centre (300,000 sq ft) which is anchored by M&S, Tesco, Next and H&M and the adjacent Retail Park (121,638 sq ft) with tenants including DW Sports, Harry Corry, Pets at Home and Laura Ashley represented.
Term: The unit is currently held on a 25 year lease from 4th March 1996, subject to 5 yearly rent reviews and expiring on 3rd March 2021 (March 2016
Rent Review outstanding).
Rent: £98,250 per annum exclusive.
Repairs: Full repairing terms by way of a service charge.
Estimated at £10,396 pax
Insurance: Tenant to reimburse, £1,741 pax
Traders Association: Currently £2,051 pax
We have been advised of the following, current energy rating – 49