First Floor, 4 Banbridge Road, Gilford, Co Down, BT63 6DJ

Features of this property

• Retail warehouse premises located in Gilford Co Down currently used for the sale of furniture and coffee shop but suitable for a variety of business types, subject to statutory approvals.
• Gilford is located between Portadown and Banbridge and approximately 16 miles from Newry.
• The premises are available For Sale as a whole or To Let on a floor by floor basis.

Property Description

Accommodation: 
Ground Floor: Approx. 1,696.2 sq m (18,258 sq ft)
First Floor: Approx. 1769.7 sq m (19,049 sq ft)
Toilet accommodation on each floor

Total Area: Approx 3,465.9 sq m (37,307sq ft)

Title: 
The premises are held by way a long lease subject to a nominal ground rent.

Price: 
Offers are invited in the region of £850,000 plus VAT

Lease details :

Lease Term :
Negotiable

Rent:
Ground Floor: £75,000 per annum plus VAT

First Floor: £45,000 per annum plus VAT

Repairs and Insurance:
The Tenant will be responsible for repairs to the interior of the premises and a fair proportion of the costs of maintenance, repair and upkeep of the exterior, common areas and insurance premium.

Rateable Value:
£60,000
Rate in £ 2012/13 = 0.594267
Rates payable 2012/13 = £35,656

VAT: 
The premises are registered for Value Added Tax.

Viewing: 
By appointment with Commercial Property Solutions. Tel: 028 9045 1225