Victoria House, 1-7 Hall Street, 68-72 Main Street, Maghera, BT46

Features

• Excellent Retail/Office Accommodation  
• Independent Heating System  
• Excellent Decorative Order Throughout  
• Disability Friendly  
• Built To An Excellent Standard & Spec  
• Private Tarmac Parking To Rear  
• Solid Maple Internal Fire doors  
• Air Conditioning 
• Black Aluminium Double Glazed Windows  
• High Security Alarm & Video Recording System 
• CLOSING DATE: FRIDAY 30TH MARCH 2007 @ 12 NOON 

Description

PRIME DEVELOPMENT OPPORTUNITY WITH EXCELLENT CURRENT RENTAL INCOME @ "VICTORIA HOUSE"

1-7 HALL STREET, 68-72 MAIN STREET, MAGHERA

A rare opportunity to acquire a well established state of the art retail and office complex with excellent current income. The building occupies a prime location with dual frontage onto Main Street and Hall Street located in the heart of Maghera town centre with excellent passing traffic. The unit offers c. 12,250 sq. ft. of lettable retail and office accommodation, allowing a good degree of flexibility suitable for a variety of commercial uses, subject to planning approval. The complex is finished to a very modern and high specification, benefiting from having a very distinct look, both internally and externally and a high level of interest is anticipated. Offers are invited up to 12pm on Friday 30th March 2007.

Location

The building occupies a excellent prime corner position with dual frontage onto Main Street and Hall Street, Maghera’s prime retailing pitch, located in the heart of Maghera town Centre. Maghera is located on the A29, a link corridor within the Strategic Road Transport Network. The A29 provides a north-south link between the towns of Coleraine and Newry as well as other towns along the route. The town is situated immediately to the north of the A6, the strategic route between Belfast and Derry.

Description

The building was constructed in 2000 and is finished to a very high standard and modern specification throughout, benefiting from having a very distinct look, both internally & externally.The building is currently arranged on the basement floor, ground floor, first floor and second floor offering c. 12,250 sq. ft. of lettable accommodation as set out in the tenancy schedule. The extensive unit size allows a good degree of flexibility suitable for a variety of commercial uses, subject to planning approval.

Accommodation

Basement floor

Unit 1 offers c. 870 sq. sq. of accommodation with shop frontage onto Hall Street. Storage cupboard. Separate w.c. Kitchen/ Storage Room. Rear lobby leading to rear car park.

Unit 2 offers c. 1540 sq. ft. (c. 133 sq. ft. of amenity space) of accommodation with shop frontage onto Hall Street and carport. Store room. Accessed via car port.

Unit 2a offers c. 750 sq. ft. (c. 133 sq. ft. of amenity space) of accommodation with access via car port. Storage room. Secondary lobby leading to car port. Kitchen and separate wc. Lift and stair case to ground, first and second floors.

Ground Floor

Main Entrance off Main Street leading to lift and staircase to basement, and first floor. Wheel chair lift.

Unit 3 trading as "Tiger Lily" offers c. 1,494 sq. ft. of accommodation with frontage onto Hall Street and Main Street. Storage room. Separate wc, kitchen.

Units 4, 5, & 6 trading as "Brookview Developments" offers c. 2,135 sq. ft. (c. 232 sq. ft. of amenity space) of accommodation with views onto Hall Street. Lobby leading to kitchen, separate wc and disabled wc. Access to fire exit.

First Floor

Unit 7 trading as "HGS" offers c. 2978 sq. ft. (c. 145 sq. ft. of amenity space) of accommodation with views onto Hall Street. Reception area leading to open plan work area. 4 no. offices and conference room. Lobby leading to storage room, clocks room, separate male, female and disabled wc.

Unit 8 trading as "Schism" offers c. 1,175 sq. ft. of accommodation with views onto Main Street.

trading as "Schism" offers c. 1,175 sq. ft. of accommodation with views onto Main Street.

Second Floor

Unit 9 trading as "HGS" offers c. 800 sq. ft of accommodation, divide into 2 offices with views onto Main Street and Hall Street. Kitchen.

Specification

• Generous electrical and Internet outlets throughout
• Solid maple internal fire doors
• Tiling to all communal areas
• High security alarm and video recording system
• Air conditioning
• Independent heating system
• Black aluminium double glazed windows
• PVC fascia and soffit

External Features

• Carport.
• Private, spacious tarmac carpark with 10-12 spaces, located just off Hall Street.
• 2 no. fire escapes.
• Outside lights.
• Outside taps.

Tenure & Tenancy

The property is assumed to be freehold.

A tenancy schedule indicating the potential income of c. £66,250 per annum exclusive is available only to bona fide parties who have viewed the premises. We believe that this rental income is highly reversionary with substantial opportunities to increase the rental income.

Price

Offers are invited in excess of £2 million, subject to contract.

Viewings

Accompanied viewing's will be available on Tuesday 13th March and

Tuesday 20th March, 2007. Please ring our office to arrange a suitable time.

Deposit

10% payable on 30th March 2007.

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