For Sale

76 Main Street, Forkhill, BT35 9SH

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Retail

Location of 76 Main Street

The subject site is situated fronting Main Street, Forkhill in a densely populated residential area in the village. Newry City Centre is approximately 6 miles.

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description

DESCRIPTION
The property comprises a rectangular shape site extending to approximately 0.3 acres providing a convenience store, Post office, takeaway and hairdressers all on ground floor level.

Internally the store is fitted out to a high standard and includes a post office section, deli section, checkout and ancillary storage.

The convenience store benefits from the recent addition of a Post Office.

ACCOMODATION
Convenience Store
Main retail area (inc Post Office) 1425 sqft
Storage 150 sqft

NB Vendors would consider a leasing of the business / convenience store portion.
Details available on request.

Takeaway – Genoa 580 sqft
Hairdressers 200 sqft

TENANCY DETAILS/PASSING RENTS

Both retail units are let on in formal leases with the following rental income.
Takeaway – Genoa £12,000 Per annum
Hairdressers £3,840 Per annum
Total rental income £15,840 Per annum

RATES
76A - Takeaway NAV £1,200
76B - Convenience Store NAV £6,150
76C - Hairdressers NAV £970
Commercial rate in the £ for 2018/2019 is £0.5519

FIXTURES & FITTINGS
An inventory of Fixtures and Fittings will be provided on a sale.

TITLE
Tiernan solicitors, Dublin road Newry.

GUIDE PRICE
Offers in the region of £425,000

ACCOUNTS
Trading accounts are available to bona fide parties. Accounts will be made available through accountants only.
Pauline Mc Govern - pauline@mcgaccountancy.com

VAT
All prices are exclusive of but may be liable to VAT

VIEWING
For further information and viewing arrangements please contact:
Gerard Kelly 07796947736 gerard@bestpropertyservices.com
Daragh Mallon 07775576858 daragh@bestpropertyservices.com

Property Costs

  • Status: For Sale
  • From£395,000

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Wilson Nesbitt Solicitors

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