Prime Retail Warehouse Unit Station Square Retail Park Cookstown

Retail Unit

For Sale / To Let

Description

Constructed in 1999 alongside its fellow units inside Station Square Retail Park, the property boasts a steel portal frame structure with walls panelled with Kingspan composite cladding, an internal leaf of 100 mm blockwork rising to a height of three metres, and a roof composed of composite insulated panels
featuring 10% rooflights.

There is free parking for about 240 cars on the 1.35-hectare (3.3 acre) Station Square Retail Park, which is fronting Molesworth Street.

Price

Rent £50k per annum Sale £450k

Rates

We are advised by Land & Property Services that the NAV is £56,500.00. Rates payable for 2023/24 of approximately £30,139.87.

VAT

All prices, rentals and outgoings are quoted exclusive of VAT which may be chargeable.

Accommodation

Ground Floor Retail 7,615 sq. ft

Contact

Contact: Mark Thallon
Tel: 028 9089 4066
Email: mark.thallon@tdkproperty.com
Contact: Dovydas Naslenas
Tel: 028 9024 7111
Email: dovydas.naslenas@tdkproperty.com

Location

Cookstown is a bustling market town with a population of roughly 23,049 in the resident district and 75,000 more within a 15-minute commute. The town is roughly 50 miles southeast of Derry/Londonderry and 45 miles west of Belfast.

Several well-known retailers operate in Cookstown, including Tesco, Asda, Homebase, Next, and Marks & Spencer.

Located across from the town’s main school campus and next to the Cookstown bus station, Station Square Retail Park is easily accessible from the town centre.

Lidl and Harry Corry are adjacent tenants in the Retail Park.

Lease

10 Years, subject to an upwards only rent review at year 5

EPC

The building is currently rated as D - 91

Attachments

Brochure