7 Rainey Street, Magherafelt, Londonderry,

Description

Location and Description
 
Opportunity to acquire substantial commercial property within Magherafelt town centre. High profile location within the town, at the junction of Rainey Street and The Diamond.  Also benefits from new access to Union Road Car Park. Suitable for possible redevelopment or most retail type uses, subject to necessary planning consents. Of interest to owners occupiers / investors / developers alike.
 

Accommodation
 
LOWER GROUND FLOOR           c. 140 sq m           (1,508 sq ft)
 
GROUND FLOOR           c. 323 sq m           (3,477 sq ft)
 
FIRST FLOOR           c. 94 sq m           (1,012 sq ft)
 

Total            c. 557 sq m            c. 5997 sq ft

 
 
 
Site Area
 
 
 
           412 sq m           4435 sq ft
 
 
 
 
 
Sales Price
 
PRICE:                                           Offers invited over £1.75M
 
TITLE:                                             Freehold
 
 
 

V.A.T.
 
Prices, outgoings and rentals are exclusive of, but may be liable to VAT.
 
 
 
N.A.V.
 

We are advised by the Valuation and Lands Agency that the current NAV is £21,900.    The commercial rate in the pound for 2006 / 2007 is £0.4490.

 
 
 
Viewing
 
Strictly by appointment with:            O'Connor Kennedy Turtle
22 Adelaide Street
Belfast BT2 8GD
Tel: 028 9024 8181
Fax: 028 9024 8188
 
Contact:   Brian Kennedy (brian.kennedy@okt.co.uk)
      Corrie Scott (corrie.scott@okt.co.uk)
 

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