O'Connor, Kennedy, Turtle

Prominent Town Centre Retail / Office Building

The subject occupies a prime position on High Street in the centre of Lurgan and is surrounded by a number of restaurants, cafes, retailers, banks and pharmacies. Neighbouring occupiers include Boots, Sports Direct and Danske Bank.

The subject property comprises c, 4 storey terraced commercial building. The accommodation on the ground floor provides an open plan retail space with glazed aluminium shop front with frontage directly on to the
high street. The ground floor accommodation also provides a rear store, office and small kitchen.

There is further office / storage accommodation on the first and second floor. The basement area is in shell condition and benefits from communal access to a loading bay with roller shutter door access to Moores Lane.

Accommodation

See attached brochure for further details.

Lease Details

TERM: Negotiable
RENTAL: £15,000 per annum

Sales Details

PRICE: Offers in the region of £130,000
TITLE: Assumed Freehold

NAV / Capital Value

From our review of the Land and Property Service online website, the NAV for the subject property is £13,200. The commercial rate in the pound for 2020 / 2021 is £0.533413.

Please note that all perspective purchasers / tenants 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