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8-10 Margaret Street, Newry BT34 1DF

Let Agreed £10,000 / year

Key Information

Address 8-10 Margaret Street, Newry
Rent Last listed at £10,000 / year
Deposit £500
Rates Paid by Tenant
Lease 12 months minimum
Style Commercial Unit
Status Let Agreed

Additional Information




This prime commercial unit is located in an excellent central location and occupies a prominent site in Newry’s Main Street only a few minute’s walk from both the Buttercrane and Quays Shopping Centres. The subject property situation on Margaret Street  across from the popular Shelbourne Restaurant.  The property has a distinctive facade and currently used as a McElroy's Butchers.


Accommodation comprises:

Ground Floor: Retail unit with offices/ storage

First Floor:  Kitchen Area/Storage/wc. 

Additional Features: Laminate strip flooring,  Large Freezers,  plastered and painted walls/ ceilings, fluorescent lighting and perimeter trunking.


Ground Floor :    650 sq ft

First Floor:     650 sq ft


GUIDE RENT:               £10,000 per annum excluding rates.



LEASE TERMS:           Length of lease negotiable (minimum 1 year).


INSURANCE:                Tenant responsible for repairs, rates, building insurance and all other normal tenant outgoings.



VAT:                             All prices, rentals and outgoings are exclusive of but may be liable to VAT.



NAV:                            We are verbally informed by the Valuation and Lands Agency that the   estimated NAV for the subject premises is £9,700

Rate in  £0.559104. 16/17


Estimated Rates Payable - £5423.31.



VIEWING:                Strictly by appointment with:   Digney Boyd