O'Connor, Kennedy, Turtle

3 Circular Road Coleraine, County Londonderry, BT52 1PS

Ref: C4117 to let
Key Features
  • Hot Food Takeaway Premises

£10,000.00 per annum

The subject benefits from highly visible frontage onto on Circular Road and Bann Bridge traffic within the town centre. Circular Road is part of the busy one way system within Coleraine and a popular through route to Portstewart as part of the A2 Causeway Coast drive.

The property was previously operating as a Hot Food Takeaway and will be let with current fit out in place. The main retail area features a built in Stainless Steel Hewigo 3 Pan Range as the main counter feature with accessories including two no. True fridge units, a Moore hot plate and Lincat 4 pot bain marie.

Surrounding occupiers include Ink Unleashed, Rocca Coffee Shop, Dunnes Stores and the Sports Direct within The Diamond Centre which also is home to TK Maxx and others.

Accommodation

Please refer to the attached brochure

Lease Details

RENTAL: £10,000 per annum + VAT

TERM: From 3 years.

GENERAL: Tennant to reimburse the landlord for the cost of annual building insurance and will be responsible for all repairs and maintenance.

EQUIPMENT: Open to Offers around £5,000

NAV / Capital Value

We are advised by the Land and Property Service that the current NAV for the subject is: £3,250. The commercial rate in pound is £0.588556.
Small business Rating relief should apply to this unit.

VAT

All prices, outgoings etc. will be subject to VAT.


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