- Former Coffee Shop/Café & Retail Unit arranged over Ground and First Floors
The city of Armagh is located c. 33 miles south west of Belfast and benefits from a wide range of facilities and amenities to include education and retailing within The Mall and Spires Retail Park.
The subject property is located on Dobbin Street on the edge of the City Centre. The property adjoins a public car park and occupies a prominent holding on the corner of Dobbin Street and Scotch Street.
The subject property comprises a ground floor retail unit together with a former first floor coffee shop / café.
Both areas are fitted to a high standard and the upper floor has the benefit of lift access. At present, both units share a communal entrance on the ground floor however the retail shop also benefits from a dedicated entrance.
Retail Area – c. 53 sq m (566 sq ft)
Coffee Shop – c. 80 sq m (857 sq ft)
TOTAL ACCOMMODATION – c. 133 sq m (1,432 sq ft)
RENT: £12,500 per annum
TERM: New 10 year lease with a rent review after 5 years.
REPAIRS / INSURANCE: Full repairing and insuring basis
From our review of the Land and Property Service online website, the NAV for the subject property is £7,350.
The commercial rate in the pound for 2020 / 2021 is £0.533413.
Please note that all perspective tenants should make their own enquiries to confirm the NAV / rates payable.
All prices, outgoings etc are exclusive of, but may be subject to VAT
© OKT 2013