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54 Hill Street, Newry BT34 1AR

£25,000 / year

Key Information

Address 54 Hill Street, Newry
Rent £25,000 / year
Rates Paid by Tenant
Lease 12 months minimum
Style Retail unit
EPC Rating D84
Status To let

Additional Information

Location:

Newry is considered one of Northern Ireland’s major retailing hub benefiting from its strategic location c.40 miles south of Belfast and c.65 miles north of Dublin and boarders the Irish Republic with County Louth c.15 miles with a population of c.35,000 and a catchment population of c.85,000.

 

Situation:

This retail unit is situated fronting onto Hill Street, Newry’s prime retailing location directly opposite the newly refurbished First Derivatives building and in close proximity to the First Trust and Newry Cathedral.

Neighbouring retailers include Thompsons Travel, Menary’s, SuperValu and Superdrug.

 

Description:

The premises is a three storey commercial building with ground floor open plan retail space which benefits from approximately 8.5 metres of frontage onto Hill Street. The first and second floors provided ample storage and staffing facilities.

 

 

Accommodation:

The Property has been measured in accordance with the RICS Code of Measuring Practice.

Ground Floor:

Retail Area   1453 ft2   135 m2

Storage        344 ft2     32 m2

 

First Floor: 

Kitchen        139 ft2     13 m2

Store One    721 ft2      67 m2

Store Two    581 ft2      54 m2

WC Facilities

 

Second Floor:

Store One:     129 ft 2    12 m2 

Store Two:     97 ft 2      9 m2 

Store Three:   334 ft 2   31 m2 

 

 

 

 

Lease Details

Term:                10 Years

Rent:                 £25,000 per Annum Exclusive

Repairs:             Full Repairing Lease

Insurance:         Tenant to reimburse the landlord the Insurance Premium

 

Rates:

We have been advised by the Land & Property Service of the following rating information.

Annual Rates:    £15,323.38

TITLE
It is assumed that the property is held by way of a freehold title.

 

Viewing strictly through: Strictly by appointment with

Digney Boyd.
98 Hill Street
Newry
Co. Down
BT34 1BT

Tel: (028) 30833233