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Sale Agreed

1 Catherine Street, Newry , County Down , BT35 6BE

From

£85,000

Retail

Location of 1 Catherine Street

Newry is a rapidly expanding city within the Newry and Mourne council area, which has a population of approximately 90,000 persons. The city has a strategic location c37 miles south of Belfast via the M1 motorway and c. 66 miles north of Dublin. The subject property is located on fronting Catherine Street. This area experiences high levels of vehicular and pedestrian traffic and represents an excellent opportunity to purchase a modern commercial premises.

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description


LOCATION
Newry is a rapidly expanding city within the Newry and Mourne council area, which has a population of approximately 90,000 persons. The city has a strategic location c37 miles south of Belfast via the M1 motorway and c. 66 miles north of Dublin.

The subject property is located on fronting Catherine Street. This area experiences high levels of vehicular and pedestrian traffic and represents an excellent opportunity to purchase a modern commercial premises.


ACCOMMODATION
Ground Floor - Open plan retail area, beauty room, canteen, store, WC
- 580ft2

First Floor - 1 Bedroom Flat
- 2 Bedroom Flat
- 1,070ft2

Total GIA - 1,650ft2


TENANCY DETAILS
Sheer Perfection:
- Rolling annual lease
- Expiry May 2018
- Passing Rent - £6,000 Per Annum


RATES
We have been advised by Land and Property Services of the following: -
NAV - £5,300
Rate in £ for 2017/2018 - £0.559104


TITLE
It is assumed that the property is held by way of a freehold title. (Affected by a flying freehold).


VENDOR'S SOLICITORS
Campbell & Grant, 17 Sugar Island, Newry, Co Down
V.A.T
All prices quoted are exclusive and may be liable to VAT.


GUIDE PRICE
Offers Over £85,000


EPC
Please contact the agent.


VIEWING
Strictly by appointment.
Gerard Kelly 07796947736 gerard@bestpropertyservices.com

Daragh Mallon 07775576858 daragh@bestpropertyservices.com

Property Costs

  • Status: Sale Agreed
  • From£85,000

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