The subject property measures to 915 sq. Ft (85 sq. M), its previous use was a restaurant, however the option for a change of use is welcomed. The unit is a ground floor property, with the possibility to be split into separate units.
We are advised by LPS that the current NAV is £16,100, Rate in the £ for Newry Mourne and Down Council is, 2022/23 is £0.523633. Estimated Rates Payable 2022/23 £8,430.49 pa.
All prices, rentals and outgoings are quoted net of VAT which may be chargeable.
Tel: 028 9089 4065
Tel: 028 9089 4067
The subject property is situated in a prime location on Margaret Square, the main thoroughfare in the City and also benefits from return frontage onto Hill St. There is free parking in North St Car Park, which is a short walk away. Local Occupiers include: Ulster Bank, Harry Corry, Super Valu, Post Office and Menary’s.
Rent: £14,000 p.a
Term: 5 Years
Repairs: Effectively Full Repairing and Insuring
An EPC cert can be provided upon request.