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Unit 2, 38-40 Newry, BT35 6AL

£ 64,998 pa / 10,103 sq ft
Unit 2, 38-40, Merchants Quay Retail Park, Newry - Picture 2024-03-15-10-59-03
Use Class

Use Class

E

Size

Size

10,103 sq ft

Rent pa

Rent pa

£64,998

The property is located within the very busy Merchants Quay Retail Park area in the centre of Newry, directly adjacent to the Old Creamery Retail Park and a short distance from the Buttercrane and Quays shopping centres. Neighbouring occupiers include TK Maxx, Dunnes Stores, Peacocks, B&M, Lynas Foods, Polonez, Boyle Bingo, Iceland. Other major footfall drivers in the immediate vicinity are Canal Court Hotel, Newry Health Village and the Southern Regional College campus. The city of Newry is considered to be the ‘Gateway City’ between Northern Ireland and the Republic and is strategically located approximately 39 miles south of Belfast and 67 miles north of Dublin.

Accommodation

10,103 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
6,341
589
Mezzanine
3,762
350

Financial

Lease Term

Term: 10 Years

Rent

£65,000 per annum exclusive.

Service charge

Tenant responsible for a fair proportion of the service charge which covers the cost of external repairs, maintenance and cleaning of common areas and management fees currently estimated at £14,459.78 plus VAT for the current year.

Business Rates

NAV: £74,700 Rate Poundage 2023/24: 0.551846 Estimated Rates Payable: £41,222.90

Sustainability

Energy Performance Certificate

79

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 15/03/2024