Let
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17 Bridge Street, Coleraine, BT52 1DR
Let
Agreed
File Ref: C3484
Viewing by appointment only
Opportunity to acquire one of Coleraine’s longest established business interests in what is perhaps the town’s most unique and intriguing property.
Originally opened as a Home Décor shop in 1947, the business now predominantly centres around Picture Framing, Arts & Craft supplies incorporating an Art Gallery at first floor level.
Situated right in the heart of Bridge Street, just below The Diamond and the Town Hall, the setting is ripe for continued and extended trade over the years to come with the fresh input of a new owner.
Currently leased annually, but owners are willing to grant a new 3 year lease to suitable applicants.
Please refer to attached brochure
| TERM: | Over Holding – landlord willing to renew. |
| PASSINT RENT: | £6,000 per annum + Vat |
| REPAIRS / INSURANCE: | Effective full repairing and insuring lease |
NAV / Capital Value
NAV: £5,600
Estimated rates payable in accordance with LPS website: £3,109.82.
Please note that all prospective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT.
Accommodation Details
Please refer to attached brochure
Lease Details
| TERM: | Over Holding – landlord willing to renew. |
| PASSINT RENT: | £6,000 per annum + Vat |
| REPAIRS / INSURANCE: | Effective full repairing and insuring lease |
NAV / Capital Value
NAV: £5,600
Estimated rates payable in accordance with LPS website: £3,109.82.
Please note that all prospective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT.
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