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9 High Street, Lurgan, BT66 8AA

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Investment

13000sq ft

In The Region Of £215,000

Agreed

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File Ref: 9032

Town Centre Investment Opportunity

c. 13,000 sq ft

Current rating: D76

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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 a substantial end terrace commercial building over basement, ground and first floors.

Basement level is accessed via Moores Lane and has been subdivided into two separate units let to Menary Bros and Boots respectively. The Ground Floor comprises a substantial open plan retail nit with a glazed shop front with frontage onto the High Street.

The First Floor accommodation includes substantial storage space currently finished to part shell specification. The first floor could be suitable for a large variety of uses, subject to planning.

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See brochure for further details

PRICE: Offers in the region of £250,000
TITLE: Long leasehold subject to a nominal ground rent of £13.75 per annum

NAV / Capital Value

9 HIGH STREET - NAV £24,700
9C HIGH STREET (RETAIL UNIT 1) – NAV £10,100
9B HIGH STREET (RETAIL UNIT 2) - NAV £8,900

Please note that all prospective 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

9 High Street, Lurgan, BT66 8AA

Lurgan is a busy town in County Armagh, situated approximately 5 miles from Moira, 6.5 miles from Portadown and 18 miles from Belfast

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Accommodation Details

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Sales Details

PRICE: Offers in the region of £250,000
TITLE: Long leasehold subject to a nominal ground rent of £13.75 per annum

NAV / Capital Value

9 HIGH STREET - NAV £24,700
9C HIGH STREET (RETAIL UNIT 1) – NAV £10,100
9B HIGH STREET (RETAIL UNIT 2) - NAV £8,900

Please note that all prospective 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

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Thank you for your enquiry.

9 High Street, Lurgan, BT66 8AA

Lurgan is a busy town in County Armagh, situated approximately 5 miles from Moira, 6.5 miles from Portadown and 18 miles from Belfast

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