For Rent

13 Marcus Street, Newry, BT34 1AZ

Annually

£7,000

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Retail

Location of 13 Marcus Street

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description

Description:

Ground floor lock up shop which forms part of a block of 5 retail units situated below residential flats.The unit has been recently refurbished and includes a new shop front, supsended celing and lighting.  There is also a new disabled WC,  tea point facilities and an electronic roller shutter.

Location:

The unit is located in a pedestrianised area of the city centre and in close proximity to both The Quays and Buttercrane Shopping Centres.

Accommodation (Approx):

Ground Floor: 68.96 sqm      742 sq ft    

Tenure:

The unit is available by way of a new lease for a term not less than 1 year or exceeding 20 years on a Full Repairing Lease

Rent:

In the region of £7,000 p.a.

Rates:

We are advised by the Land & Property Services of the following:

Net Annual Value: £6,450

Rates Payable 2021/2022: £3,347

* COVID-19  Emergency Rates Package For Business –this is effective for most retail trades. No business rates are payable until after 1st April 2022

 

Back in Business Rates Payable: £1,673p.a.

* A 50% reduction is applied for Empty Business Rate Relief

We advise to make your own enquiries to the Local Authority

Uses Considered:

All retail trades considered with the exception of a Hot Food Takeaway,laundrette and those being carried out in the other units in the block.

Further Information:

Please contact N.I.H.E. Commercial Property on 02895982403 or email paul.claydon1@nihe.gov.uk

Property Costs

  • Status: For Rent
  • Annually£7,000

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Northern Ireland Housing Executive
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