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Telephone:
028 9030 8855
View Online:
www.douganproperty.com/439748
Key Information
Address
64 High Street, Newtownards
Style
Retail
Status
Sold
Features
PRICE REDUCED TO £185,000.
FOR SALE / TO LET
Excellent retail unit of c. 2,085 sq ft situated in Newtownards town centre
c. 25 ft of frontage to High Street
Bright and open plan retail shop with rear office space and first store storage
Planning permission was granted on 9th December 2015 for change use from from exisitng shop to a coffee shop (LA06/2015/0539/F).
Additional Information
Location Newtownards is a large town located on the Ards Peninsula in Co Down approximately 10 miles east of Belfast. According to the 2011 Census it has a population of approximately 28,000. Within the context of Newtownards the subject property is positioned on High Street in the town centre. It is an established commercial/residential location and benefits from a high level of pedestrian footfall and vehicular traffic. Nearby traders include Nationwide, Knotts Bakery, Specsavers and Caffe Nero.
Description The subject property consists of a modern open plan retail unit occupying a highly prominent position with excellent frontage of c.25 ft to High Street. The premises benefit from a double glazed shop front with electric roller shutter and is fitted to include part carpet and wooden flooring with suspended ceiling and recessed lighting. To the rear of the main sales area is a store room, staff kitchen and private office. Further storage and a WC is contained on the first floor.
Accommodation Ground floor: Retail - 1,250 sq ft Store – 225 sq ft Kitchen – 110 sq ft Offices – 95 sq ft First Floor: Store – 405 sq ft WC Total: c. 2,085 sq ft
Price Offers are invited in the region of £185,000
Lease details Term – 10 Years Rent - £28,000 per annum Repairs - the tenant will be responsible for all repairs Insurance - the tenant will reimburse the landlord with the cost of the building insurance
Planning Permission Planning permission was granted on 9th December 2015 for change use from from exisitng shop to a coffee shop (LA06/2015/0539/F).
Business Rates We have been advised by Land and property Services of the following: Net Annual Value :- £21,100 Rates payable:- £11,333.08 per annum We have been verbally advised of this by LPS but prospective purchasers/tenants should seek confirmation from LPS directly.
Value Added Tax The asking price is exclusive of, but may be liable for VAT.
For Further Information / Viewing Arrangements Michael Graham Tel: 028 9030 8855 Mobile: 07436 796636 Email: michael@douganproperty.com
Directions
The property is located fronting High Street in Newtownards Town Centre.