Substantial retail premises with ground floor sales area and frontage onto the high footfall of Castle Place.
We are advised by Land & Property Services that the property has a NAV of £143,000. The rate in the £ for 2022/23 is £0.551045 and the rates payable are £78,799 p.a. The property will be reassessed once the upper floors are redeveloped.
All prices are quoted exclusive of VAT, which may be payable.
|Floor||Sq. ft.||Sq. m.|
|Ground Floor||2,809 sq. ft.||261 sq. m|
|First Floor||3,023 sq. ft.||281 sq. m|
|Total||5,833 sq. ft.||542 sq. m|
|Sub Division Option - Unit A|
|Ground Floor||1,356 sq. ft.||126 sq. m|
|First Floor||3,029 sq. ft.||281.5 sq. m|
|Sub Division Option - Unit B|
|Ground Floor||1,290 sq. ft.||120 sq. m|
Tel: 028 9089 4066
Tel: 028 9024 7111
The premises occupy a prime location on Castle Place, which links CastleCourt Shopping Centre to Victoria Square Shopping Centre and benefits from excellent footfall.
Nearby retailers include TK Maxx, Costa Coffee, Schuh, Office, JD, Sports Direct, HMV, DV8, Zara, Clarks, Dunnes Stores and Primark.
Term: New 15 year lease with 5 yearly reviews
Repairs: Effectively full repairing and insuring basis
The building has been rated as C-73 under EPC regulations. A copy of the EPC Certificate is available adjacent and can be made available on request.