O'Connor, Kennedy, Turtle

Unit 3, Herbinson Square Ballymena, County Antrim, BT43 6HS

Ref: 7099 to let
Key Features
  • Fully Fitted ‘Hot Food’ Unit extending to c. 85 sq m (915 sq ft)

£18,000.00 per annum

Retail Unit with ‘Hot Food’ Consent Extending to c. 85 sq m (915 sq ft)

Herbinson Square was developed in 2004 as a purpose built neighbourhood shopping centre, located on the Cushendall Road, one of Ballymena’s busiest arterial routes.

The surrounding area is predominated by housing but also in close proximity to the Braid Valley Hospital, Ballymena Health Centre and a
new Health and Care Facility currently under construction.

The subject unit is finished to developers specification to include screed concrete floor, exposed timber roof trusses, block work walls,
electric roller shutter door and glazed aluminium shop front.

Neighbouring occupiers include Vivo, Wine Flair, and Happy Village Chinese and Char Bella.

Accommodation

Hot Food Unit – c. 85 sq m (915 sq ft)



Lease Details

TERM – 20 years from 28 June 2004

RENTAL – £18,000 per annum

REPAIRS/INSURANCE – Effective full repairing and insuring lease by way of service charge

SERVICE CHARGE – Estimated at £1,724.66 per annum exclusive

NAV / Capital Value

We are advised by the Land and Property Service that the current NAV for the subject is: £5,300.

The commercial rate in the pound for 2020 / 2021 is £0.588186

Note – LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.


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