Lisburn – 2-4 Market Square North

Cafe / Restaurant unit · To Let
Highly prominent building with return frontage on Market Square North
Property is a 3 storey Grade B2 listed building, formerly a banking hall built in the 1920's
The unit is is suitable for retail and or restaurant use (subject to planning)
Surrounding occupiers include River Island, Reid's Shoes, Woodsides and Lisburn Linen Museum.

Details

The unit is suitable for retail and or restaurant/café use (subject to Planning).
The property whilst benefiting from the previous tenant’s retail fit-out is suitable for significant refurbishment and conversion into a restaurant or cafe.

Currently under Covid relief, nil rates are payable until April 2022.
We are advised by the Land and Property Service that the property has an NAV of £27,300. The rate in the £ for 2021/2022 is £0.505616 and the rates payable are £13,803.

All prices, outgoings and rentals are exclusive of, but may be liable to Value Added Tax.

2-4 Market Square North, Lisburn

AREAAREA sq. m AREA sq. ft.
GROUND FLOOR
Retailing Area82880
Kitchen 13140
Safe Room 14155
FIRST FLOOR GALLERY AREA
Retailing Area 981,058
Store 13140
SECOND FLOOR
Cafe / serving area 1521,635
TOTAL ACCOMMODATION3724,000

Contact: Mark Thallon
Tel: 028 9024 7111
Mobile: 07802 520008
Email: mark.thallon@tdkproperty.com

Contact: Connor James
Tel: 028 9024 7111
Mobile: 07341 866173
Email: connor.james@tdkproperty.com

The property is located on the corner of Market Square North and Railway Street and benefits from excellent frontage on to both.
Market Square has been pedestrianised, and the property benefits form high levels of passing footfall in the square and also benefits from recent public realm improvements including public seating areas, water features and an events space.
There are a wide range of local and national occupiers located on or around Market Square including, River Island, Action Cancer, Daltons, The Hair Lounge and Woodsides Department Store.

Rent: £35,000 per annum

Term: 10 years subject to a rent review at the end of year 5

Repairs: Effective full repairing and insuring.

The property has been assessed and has a rating of D77.

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