O'Connor, Kennedy, Turtle

29 Shipquay Street, Derry City Londonderry, County Londonderry, BT48 6DL

Ref: C4156 to let
Key Features
  • Prime Retail Unit Extending to c. 4,214 Sq Ft

£35,000.00 per annum

Prime Retail Unit Extending to c. 4,215 Sq Ft (392 sq. m)


Excellent opportunity to locate to this prominent and much sought after retailing location in close proximity to both Millennium Forum Theatre & Conference Centre as well as Foyleside and Richmond Shopping Centres. Neighbouring occupiers include Nandos, The Craft Village, Cooley’s and the Thirsty Goat.

The unit is fitted out to a high standard to include carpet flooring, suspended ceilings with recessed LED lighting, hot / cold air conditioning and Warmflow oil heating system. The unit also benefits from a 12KW solar system which subsides electric costs.

Optional dedicated car parking spaces together with loading area and external storage within a secure gated shared yard to rear.

Optional additional basement storage space extending to 2,070 sq. ft.

The property would be suited to a variety of uses to include restaurant, café, licenced etc., subject to obtaining the necessary approvals.

Accommodation


GROUND FLOOR

Retail – 298.30 sq m (3,210 sq ft)

Kitchen – 9.99 sq m (107 sq ft)

Store – 24.78 sq m (276 sq ft)

Mezzanine Store – 38.61 sq m (415 sq ft)

Office – 10.26 sq m (110 sq ft)

Office – 9.00 sq m (97 sq ft)

Lease Details


Rental: £35,000 per annum exclusive of VAT

Term / Rent Reviews: Negotiable, subject to periodic upwards only rent review.

Repairs: Full internal insuring and repairing lease.

Service Charge: Additional charges apply in terms of Service Charge, to include building insurance etc.

NAV / Capital Value


From our review of the Land and Property Service online website, the NAV for the subject property is £32,200.

The commercial rate in the pound for 2021 / 2022 is £0.588537.

Please note that all perspective tenants should make their own enquiries to confirm the NAV / rates payable.

VAT

VAT will be applicable to the annual rental.


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