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8 RAINEY STREET, MAGHERAFELT, L/Derry , BT45 5AG

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

£ 45,000

EUR 58,212*

US$ 79,446*

Features

  • PRECINCT WITH PUBLCI CAR PARKING
  • HIGH PROFILE LOCACTION WITHIN THE RECENTLY UPGRADED LOCAL SHOPPING CENTRE
  • TOTAL 331 SQ M (3561 SQ FT GROSS) OVER 2NO FLOORS
  • NEW SHOWROOM/RETAIL PREMISES

Description

Location and Description
 
High profile location within the recently upgraded local shopping centre precinct with public car parking – Dunnes as anchor store.
 
Within a greatly improved commercial hub of this vibrant Mid Ulster town with a mix of major retail outlets.

Tenant responsible for electrical fitting, screeding of floors to receive covering, internal decoration and wall rendering finishes, front gallery area and finishes to staircase at front to include hand rail, installation of toilet and kitchen facilities.
 
Landlord Finishes – external front elevation lighting, electric roller shutter door and shop front with single glazing and silicone joints, water supply and mains electric to distribution point / meter, 8 person disabled lift, 3 Phase electricity, rear staircase finished save for decoration.
 
Under construction – estimated completion December 2007 / January 2008.
 
Accommodation (Gross Areas)
 
For accommodation details please refer to brochure attached.
 
Lease Details
 
TERM:                                                                   
10 years on full repairing and insuring basis
 
RENTAL:                                                               
£45,000 per annum plus rates plus VAT
 
RENT REVIEWS:                                                
Upward only rent review after the 5th year.
 
N.A.V.
 
To be assessed.

V.A.T.
 
Prices, outgoings and rentals are exclusive of, but may be liable to VAT.
 
 
Viewing
 
Contact: Henry Taggart (henry.taggart@okt.co.uk), Tony o'Connor (Tony.o'connor@okt.co.uk)

Quick link to this property www.propertynews.com/v87r

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O'Connor Kennedy Turtle(Coleraine)

Agent Contact Details
  • 20-22 Stable Lane
  • Coleraine
  • Co. Londonderry

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