Description

Location and Description 
 
Londonderry is Northern Irelands 2^nd largest city and is the hub of the North West of the Province with a catchment population of c. 300,000 people.  
 
Landlord will consider some refurbishment to meet incoming tenants needs in terms of general fit out, dependent on use (rentals may vary accordingly)
 
Available immediately and ideal for a wide variety of uses subject to planning where necessary to include retail unit / showroom; office; restaurant / café; art gallery etc.

Accommodation
 
For accommodation details please refer to our brochure attached.


Lease Details
 
RENT:                      
Offers Around £17,500 per annum exclusive
 
TERM:                      
9 Years with 3 yearly rent reviews
 
REPAIRS:                
Tenant to be responsible for all repairs and maintenance  relating to both the interior and exterior of the premises, excepting structural liability.
 
INSURANCE:         
Landlord to pay the annual building insurance premium and the tenant to make fair contribution towards reimbursing this
 
SERVICE:                
A pro rata service charge towards the annual running costs of the complex in general will be levied to include external lighting, planting, maintenance management, security etc.           
 
NAV
 
We are advised by the Valuation and Lands Agency that the current Net Annual Value of the subject property is £4,950. (TO BE CONFIRMED) The commercial rate in the pound for the Derry City Council Area for the current year is £0.543236.
 
VAT
 
All prices, outgoings and rentals quoted are exclusive of, but may be liable to VAT at the standard rate.
 
 
Viewing
 
Contact:    Henry Taggart  (Henry.Taggart@okt.co.uk)

O'Connor Kennedy Turtle(Coleraine)

Agent Contact Details

• 20-22 Stable Lane
• Coleraine
• Co. Londonderry

• Tel: 028 7034 4244
• Fax: 028 7034 4949
• Email the Agent

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