16 Kingsgate Street, Coleraine, BT52 1LB

LOCATION

Coleraine is one of Northern Irelands leading provincial towns, with a population of c.60,000. There are large numbers of university students and tourists in the vicinity all year round.

The subject property is located on the North side of Kingsgate street forming part of the prime retail pitch in the town. It is a short walk from a number of surface car parks.

Neighbouring occupiers include CEX, Snappy Snaps, Vodafone, DV8 and Ground coffee.

DESCRIPTION

Prime town centre retail property previously used by a jewellery retailer with an excellent open plan layout.

It is well finished to include solid floor overlaid with laminate, suspended ceiling with recessed spot lighting and Air conditioning.

Total Accommodation is c.1,657 sq.ft. (153.9 sq.m)

LEASE DETAILS

RENT
£18,000 per annum

TERM
Minimum 3 years

REPAIRS
Full Repairing and Insuring basis plus shop front

VAT
All rentals quoted are exclusive of VAT, which may be chargeable

RATES
NAV - £22.500
Rates payable 2020/21 would have been £13,300 but there are no rates payable on a retail unit in Northern Ireland due to Covid-19 until 1st April 2021

VIEWING
By appointment with Agent 028 9042 4747
or Joint Agent Colin McAleese, NRE 028 7032 9222