For Sale

Unit 2 Moira Road Retail Park, Moira Road, Lisburn, BT28 1RH

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Investment
D 95
EPC Rating

Location of Unit 2 Moira Road Retail Park

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  • features
  • description

features

  • Excellent Income Producing Retail Warehouse Investment
  • Tenant Unaffected
  • EPC Rating D95
  • Floor Size - 9,782 sqft

description

Lisburn is located approximately 10 miles south west of Belfast off the M1 Motorway. The City of Lisburn benefits from excellent levels of accessibility, given its location on two junctions (6&7) off the M1 motorway and the Sprucefield interchange off the A1 Newry/Dublin dual carriageway.

Sprucefield Regional Centre is located approximately 1.5 miles from the subject scheme where occupiers include the likes of M&S, Boots, Curry’s, Next, Sainsbury’s, B&Q, Argos and B&M Retail.

Lisburn Leisure Park is located nearby on Grosvenor Road which is anchored by a 14 screen Omniplex cinema. Occupiers within this scheme include Costa Coffee, KFC, Eddie Rockets, Subway etc.

The subject unit is located on the Moira Road, just outside Lisburn, approximately 2 miles from Lisburn City Centre and approx. 5 miles from the M1 Motorway. The Moira Road is a major arterial route into Lisburn from the M1/Sprucefield motorway intersection.

Lisburn is one of 4 cities in Northern Ireland and the 3rd largest city in the province. The Lisburn Urban Area has an estimated resident population of approx. 121,990 persons (NISRA 2013).

Occupiers within the subject scheme include Lidl, who anchor the scheme, alongside House Proud Furnishings and The Journey Church. Other notable occupiers located on Moira Road/ Longstone Street include Vets4Pets, The CoOperative, Spar and Mace. 

Tenancy Schedule:

Tenant: Furniture Trends Ltd t/a House Proud Furnishings (NI601389)

Term: 10 years from 1st November 2015

Rent Review: Upward only rent review 1st February 2021 (rent review outstanding).

Rent: £47,568 per annum exclusive (Approx. £4.86 psf)

Repairs: Effective full Repairing & Insuring terms by way of a service charge.

Property Costs

  • Status: For Sale
  • POA
  • 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.

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