1 High Street, Portadown,

Type	Retail
Offer Status	Let Agreed
Estate Agent	O'Connor Kennedy Turtle (Belfast)

Annually

£ 19,000

EUR 24,578*

US$ 33,544*

Description

TO LET - PRIME TOWN CENTRE RETAIL UNIT

The subject unit benefits from dual frontage onto High Street and Thomas Street. Neighbouring occupiers include Carphone Warehouse, Halifax, Grafton Recruitment and Cancer Research.

Other retailers on main street include; DV8, Clarks, JR McMahon and the High Street Mall Shopping Centre.

Internally the premises are fitted to include suspended ceilings with recessed fluorescent strip lighting along with feature low voltage spot lighting, tiled flooring, Electric ‘Dimplex’ space heater and fire alarm.

Externally the building is fitted with electric roller shutters to ground floor display windows and entrance.

The unit is also equipped with W.C and a small store at the rear of the unit.

The unit offers an excellent opportunity to locate with in a strong trading position on Portadown’s main shopping thoroughfare.

ACCOMMODATION:

Frontage

High Street -   c.3.5 m                         (11.5 ft)

Thomas Street - c.5.3 m                         (17.42 ft)

GROUND FLOOR

Retail -   c.36.23 sq m                 (390.00 sq ft)

WC - c.1.75 sq m                   (18.84 sq ft)

Store (Under Stairs) - c.2.56 sq m                   (27.61 sq ft)

TOTAL AREA -    c.40.55 sq m                ( 436.45 sq ft)

LEASE DETAILS:

TERM - 15 year lease with five yearly, upward only rent reviews

RENTAL - £19,000 per annum

REPAIRS / INSURANCE - Full repairing and insuring lease

N.A.V.

We are advised by the Valuation and Lands Agency that the NAV is £11,800. The commercial rate in the pound for 2007 is £0.5096.

V.A.T.

Prices, outgoings and rentals are exclusive of, but may be liable to VAT.

VIEWING:

Strictly by appointment with:

O'Connor Kennedy Turtle
22 Adelaide Street
Belfast BT2 8GD
Tel: 028 9024 8181
Fax: 028 9024 8188

Contact: Corrie Scott (corrie.scott@okt.co.uk) or Ross Sweeney (ross.sweeney@okt.co.uk) or Clare Curran (clare.curran@okt.co.uk)