HAMILTONSBAWN ROAD INDUSTRIAL ESTATE , 56 HAMILTONSBAWN ROAD, ARMAGH, BT60 1HU

Type	Industrial
Offer Status	For Sale
Estate Agent	Philip Tweedie & Company (Coleraine)

Offers in the region of

£ 2,000,000

EUR 2,367,691*

US$ 2,947,255*

Features

This high specification building is situated within Armagh’s main industrial based estate being approximately 1 mile to the east of the City Centre.
Armagh is strategically located in the province being c. 40 miles to the west of Belfast and therefore allows ease of access to the North, East and West as well as across the border to the Republic of
A new Ring Road linking the Armagh Road and the Newry Road is in close proximity of the Estate which will enhance both the strategic location and profile.
The original building was constructed c. 20 years ago and has been extended and improved providing a high level of specification and the layout lends itself to sub-division.
The accommodation is an excellent mix of offices on ground and mezzanine levels along with staff canteen facilities and then the main body of the warehouse/factory unit.

Description

Accommodation

SQ FT SQ M

FACTORY/WAREHOUSE                                                     34,675             3,221
GROUND FLOOR:    Offices + Canteen                                 4,165                387
MEZZANINE:              Offices                                               2,435                226

Finishes

-           Concrete floors
-           Brick, block and Microrib cladding to walls
-           Roof section double skin with profiled decking
-           Heating provided from overhead space heaters
-           Eaves height c. 20 ft
            EXTERNALLY:
-           Concrete forecourt/delivery area along with tarmac sections
-           Tarmac parking for c. 30 cars secured by post & wire fencing and double entrance gates

Site Area
c. 2.3 Acres

Lease Details

Rent: £110,000 per annum.
Term: Negotiable.

Rent Review:              Dependent on lease term.
Repairs:                      Lessee responsible for internal and external repairs.
Insurance:                   Lessor to pay and lessee to reimburse annual premium.
Sales Details
Title:                            Freehold – to be confirmed by vendors solicitor.
Price:                           Offers in the region of £2 m.

NAV
We are advised by the Valuation and Lands Agency that the current Net Annual Value of the subject property is £95,350.

VAT
All prices, rents and outgoings quoted are exclusive of, but may be subject to vat.

Viewing
            Strictly Through Agents:                     Philip Tweedie & Company
                                                                        19 Stone Row
                                                                        COLERAINE   BT52 1EP
                                                                        Tel:      00 4428 7034 4433
                                                Contact:     Philip Tweedie
e-mail: philip@philiptweedie.com

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