2 A & B Monaghan Street / 7 Merchants Quay, Newry, BT35 6AA
£845,000
Description & Features
The property is situated on prime corner site with dual frontage onto Merchants Quay and Monaghan Street. The accommodation is arranged over 3 levels with a total of two retail units on the ground floor and three serviced apartments on the upper levels.
Retail unit 1 is currently under lease to Grounded Espresso Bar for a term of 10 years from 1st December 2021. Ground Expresso Bar has been in occupation since 2006 and full lease details can be provided upon request. Retail unit 2 is currently vacant however has had significant interest from potential occupiers and further details can be provided upon request.
The property also has the benefit of 3 luxury spacious apartments which were recently refurbished in 2019, with the accommodation offering a stylish modern feel. These apartments are known as ‘Godfrey Mews Apartments’ which is an ode to the adjacent Godfrey Bridge. These immaculate apartments offer extensive and comfortable accommodation with all amenities provided for a weeken
- MIXED USE INVESTMENT OPPORTUNITY SITUATED IN NEWRY CITY CENTRE
- SIGNIFICANT INCOME GENERATING POTENTIAL
- PREMIER SITE LOCATED ON THE QUAYS
- FRONTAGE ONTO MERCHANT QUAY & MONAGHAN STREET
- FANTASTIC VIEWS ONTO THE NEWRY CANAL
- COMPRISES OF TWO RETAIL UNITS & THREE LUXURY SERVICED APARTMENTS BUILT IN 2019
- EXCEPTIONALLY WELL-PRESENTED ACCOMMODATION
- 4 STAR TOUSTIST NI CERTIFIED
- HELD FREEHOLD
Housing Tenure
Type of Tenure
Not Provided
Location of 2 A & B Monaghan Street / 7 Merchants Quay
Newry is known as ‘The Gateway to the North’ due to the proximity to the border between ROI & NI, offering an unrivalled location. Newry is located approximately 4.5 miles (7 km) to the north of the b
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