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For Sale

10-14 Rainey Street, Magherafelt, BT45 5AG

Retail

Location of 10-14 Rainey Street

Magherafelt Is located approximately 35 minutes North-West of Belfast and 40 minutes South East of Derry City. It is one of Northern Ireland's busiest market towns and is also the principle retailing and administrative centre for the expanding population. The subject property is well situated on Rainey Street.

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description

Excellent Block of Commercial Property - Lot 1 (marked red as per map)
No.'s 10-12 - Two Storey Commercial Unit
No. 14 - Three Storey Commercial Unit
Spacious Carpark to rear
Prime Town Centre Location
For full details of passing rents / leases etc - Contact the Agents
Offers will be received up to 12 Noon Thursday 7th June 2018 (If not previously
Sold) - Terms & Conditions Apply



No. 10-12 Rainey Street - ground and first floor commercial unit comprising ground floor
sales area, rear store and w.c. facilities. First floor comprises 2 x offices and w.c.
facilities (separate access) Spacious carpark to the rear - access from Rainey Street
and Rainey Street Park, Magherafelt.


No. 14 Rainey Street - ground, first and second floor commercial unit comprising open
plan office on ground floor level and w.c. facilities. On the first floor the property
comprises office, store and w.c. facilities. The second floor comprises 2 x store rooms.
(MARKED RED - SITE MAP)

TITLE
Assumed freehold or long leasehold subject to a nominal ground rent



VAT
The subject property may be subject to VAT at the prevailing rate


VIEWING
Strictly through agent


RENT DETAILS
As at 10th April 2018 current rent details as follows:
10 Rainey Street, Magherafelt - £2640 per annum plus VAT
12 Rainey Street, Magherafelt - £7800 per annum plus VAT
14 Rainey Street, Magherafelt - £5000 per annum plus VAT
Carpark at rear - Rainey Street, Magherafelt - £13,000 per annum plus VAT

Property Costs

  • Status: For Sale
  • POA
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer here for more information.

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Contact Agent

    Burns & Co Commercial (Magherafelt)
    17 Meeting Street

    Other costs to budget for

    Wilson Nesbitt Solicitors

    Get a free property legal expenses quotation