Bangor is a large town in the north east of County Down with a population of approximately 60,000 and a catchment area of 200,000 (2011 census). Situated approximately 14 miles east of Belfast the town serves as a popular commuter hub to Belfast, and is a well established retail and leisure destination.
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15-21 Market Street let to Precise Protect Limited
The property comprises three separate units. 11 Market Street is a ground floor retail unit of 417 sq ft including storage area, WC facilities and electric roller shutter. 13 Market Street is a ground floor retail unit of approximately 478 sq ft including kitchenette, store, WC facilities and electric roller shutter. Both retail units are currently vacant.
Units 15-21 comprises ground and first floor accommodation and are finished to an excellent specification to include carpeted floors, plaster painted walls, suspended ceiling with LED panel lighting.
Unit 15-21 Market Street - Tenant: Precise Protect Limited
10 year lease from 15th November 2017.
Tenant break option 14th November 2022, rent review in 5th year.
Rent commencement date 15th February 2018.
15th February 2018 - 14th November 2018: £20,000 p.a. 15th November 2018 - 14th November 2019: £21,000 p.a. 15th November 2019 - 14th November 2020: £22,000 p,a 15th November 2020 - 14th November 2021: £23,000 p.a. 15th November 2021 - 14th November 2022: £25,000 p.a.
Precise Protect has over 20 years experience in the industry and works with the largest and most reputable insurers in the market. (Source:www.preciseprotect.co.uk)
Tenant responsible for rates payment.
EPC - C73 / C58
11 Market St (Ground floor) - 417 square feet 13 Market St (Ground floor) - 478 square feet 15-21 Market St (Ground floor) - 886 square feet 15-21 Market St (First floor) - 2,000 square feet Total Area - 3,781 square feet
Status: For Sale
Offers Over: £250,000
Stamp Duty: £0*
* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.