23 FERRYQUAY STREET, LONDONDERRY, BT48 6JB

Type	Retail
Offer Status	For Rent
Estate Agent	O'Connor Kennedy Turtle(Coleraine)

Annually

£ 35,000

EUR 45,036*

US$ 61,117*

Features

CENTRAL RETAIL UNIT
IN THE HEART OF THE CITY CENTRE

Description

Location and Description

Excellent opportunity to locate in this prominent location within the historic city walls.

The unit provides the opportunity to trade from the majority of the building as needed and is ideal to suit a variety of retail users.

Surrounding occupiers include O²; Woolworths; Superdrug; Thomas Cook; Subway and Austin’s Department Store nearby.

Available from Mid February 2007. Viewing by prior appointment.

Accommodation
M² Sq Ft

Ground Floor (Retail)                                               140.8               1516

Small yard to rear.

First Floor (Retail)                                                    101.5               1092

Storage                                                      14.7               158

Second Floor (Retail/Storage)                               100.0               1076

Ancillary                                                        22.3               240

                   Building Total:                           384.4               4136

Lease Details

RENT:
£35,000 per annum (exclusive).

TERM:
10 years with 5 year rent review.

INSURANCE:
Landlord to pay the annual building insurance and tenant to reimburse in full.

REPAIRS:
Tenant to be responsible for both internal and external repairs (excluding structural) and maintenance.


NAV

We are advised by the Valuation and Lands Agency that the current Net Annual Value of the subject property is £29,700. The commercial rate in the pound for the Derry District for the current year is £0.543236.

VAT

All prices, outgoings etc quoted are exclusive of, but may be subject to vat.

Viewing

Strictly Through Agents:

Tel:      00 4428 7034 4244

Contact:   HENRY TAGGART
e-mail: Henry.Taggart@okt.co.uk

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