Description

LOCATION

Portadown is one of Northern Ireland's busiest provincial towns located 32 miles west of Belfast off the M1 motorway.  The town has a district population estimated to be in excess of 80,000 people with a catchment covering the whole of Mid Ulster including the towns of Lurgan, Gilford, Banbridge and Armagh.

The subject unit occupies a prime position in the High Street Mall, anchored by Dunnes Stores and Woolworths.  Other retailers include Mothercare, New Look, Superdrug and Easons with the centre providing 541 covered parking spaces.

ACCOMMODATION

The unit is arranged on ground floor and provides accommodation of the following approximate dimensions and areas:

Ground floor retail area - 223 sq ft (20.72 sq m)

LEASE

Term - 15 years from 18 August 2005, subject to 5 yearly upward only rent reviews.

Rent - £15,000 per annum.

Repairs - Effectively full repairing terms with a service charge levied.  Estimated service charge for 2007/08 is £1,300 p.a.

Insurance - Tenant to reimburse landlord in respect of proportion of buildings insurance estimated to be approx £60 p.a.

For further information please contact Liam McCauley or Catharine Ireland - Tel:  028 90233455

liam.mcauley@dtz.com / catharine.ireland@dtz.com

DTZ McCombe Pierce

Agent Contact Details

• 5 Oxford Street
• Belfast
• Co. Antrim

• Tel: 028 9023 3455
• Fax: 028 9023 3444
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