Extending to approximately 1,244 sqft (115.63 sqm).
Well located building in the Town Centre.
Suitable for a variety of uses, subject to any necessary consents.
Available with Vacant Possession January 2021, subject to contract.
Coleraine situated approximately 55 miles to the north of Belfast and 30 miles east of Derry/Londonderry provides the principal commercial, retail and administrative facilities for the surrounding area, including the towns of Ballymoney, Portstewart and Portrush and also forms part of the Causeway Coast & Glens region which is home to some of NI's top tourist destinations including the Giants Causeway.
The subject property occupies a prime position on pedestrianised Kingsgate Street with other occupiers nearby including Hays Travel, Ground Coffee, DV8, CEX, Vodafone and Snappy Snaps.
The property provides modern retail/office accommodation at ground floor finished to include plastered/painted walls, suspended ceilings, recessed lighting and carpeted floors with benefit of extensive glazed frontage of approx. 9 metres.
The first floor provides kitchen and WC facilities whilst there is further accommodation at 1st floor not currently accessible which may provide an opportunity to increase the usable floor space, subject to any necessary works & consents.
The property provides the following approximate areas:
Ground Floor Retail: 1,055 sqft (98.07 sqm)
Ground Floor Store: 118 sqft (10.99 sqm)
First Floor Ancillary: 71 sqft (6.57 sqm)
Total: 1,244 sqft (115.63 sqm)
We understand that the property is Freehold.
Net Annual Value
We are advised by LPS that the NAV is £25,200 resulting in rates payable of approx. £13,295 for 2020/21.
All prices, rentals and outgoings are quoted net of VAT which may be chargeable at the prevailing rate.