23 FERRYQUAY STREET, LONDONDERRY, BT48 6JB

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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