
LOCATION
Magherafelt is one of Northern Ireland's busiest market towns located 35 miles north west of Belfast and 40 miles south east of Derry City. The town benefits from its central location on the busy north/south route, west of the River Bann linking Ballymoney and Coleraine to Omagh, Cookstown, Dungannon and Enniskillen.
Magherafelt also is the principal retailing, administrative, recreational and educational facilities for a rapidly expanding and young population currently estimated to be approx 40,000 people. Other towns within Magherafelt's immediate catchment area include Maghera, Moneymore, Portglenone, Toome, Castledawson and Bellaghy.
The subject property is situated at the heart of Magherafelt Town Centre close to the extended Meadowlane Shopping Centre and its 600 space car park. Occupiers nearby include Dorman's/The Opera Night Club, William Hill, Downeys Bar, McGurk Opticians, Four Seasons Ladies Fashion Boutique and Cafe Slice.
ACCOMMODATION
The ground floor premises provide accommodation of the following approximate areas:
Ground floor retail: 1,660 sq ft (154.22 sq m)
LEASE
Term - 25 years subject to 5 yearly rent reviews.
Rent - £27,500 per annum exclusive.
Repairs & Insurance - The premises will be let on a full repairing basis, with the in going tenant responsible for reimbursing the landlord for building insurance.
For further details please contact liam.mcauley@dtz.com
Quick link to this property www.propertynews.com/pmmf
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