Retail
The subject property is well situated in the town centre on a prominent location at Rainey Street, close to The Diamond and in close proximity to Meadowlane Shopping Centre.
Well situated in town centre, close to Magherafelt Shopping Centre & Carpark
The subject property (currently being refurbished - Details available from Agent) comprises a ground floor retail and office premises including strong room (formerly used as a Bank). The property is suitable for a variety of commercial use (subject to planning & other statutory approvals etc.)
EPC Rating: E107
LEASE DETAILS
Rent: POA
Repairs: FRI Basis
Insurance: Tenant will reimburse the Landlord with a portion of the cost of insuring the premises
NAV
We have been advised by LPS of the following:
Net Annual Value (NAV) - £16,200
Description- Bank
VAT
The subject property may be subject to VAT at the prevailing rate
For further details - contact the Agents
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Note: Burns & Co. Commercial Ltd (and their joint agents where applicable) for themselves and for the Vendors or Lessors of the property whose agents they are give notice that: I) these particulars are given without responsibility of Burns & Co Commercial Ltd or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Burns & Co Commercial Ltd cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Burns & Co Commercial Ltd or Burns & Co has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Burns & Co Commercial Ltd will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars. No offers are accepted via email.
Burns & Co Commercial is the trading name of Burns & Co Commercial Ltd. Burns & Co Commercial Ltd (NI063405) is registered in N.Ireland