Investment
Magherafelt Is located approximately 35 minutes North-West of Belfast and 40 minutes South East of Derry City. It is one of Northern Ireland's busiest market towns and is also the principle retailing and administrative centre for the expanding population.
The subject property is well situated on Rainey Street.
Excellent Block of Commercial Property - Lot 1 (marked red as per map)
No.'s 10-12 - Two Storey Commercial Unit
No. 14 - Three Storey Commercial Unit
Spacious Carpark to rear
Prime Town Centre Location
For full details of passing rents / leases etc - Contact the Agents
Offers will be received up to 12 Noon Thursday 7th June 2018 (If not previously
Sold) - Terms & Conditions Apply
No. 10-12 Rainey Street - ground and first floor commercial unit comprising ground floor
sales area, rear store and w.c. facilities. First floor comprises 2 x offices and w.c.
facilities (separate access) Spacious carpark to the rear - access from Rainey Street
and Rainey Street Park, Magherafelt.
No. 14 Rainey Street - ground, first and second floor commercial unit comprising open
plan office on ground floor level and w.c. facilities. On the first floor the property
comprises office, store and w.c. facilities. The second floor comprises 2 x store rooms.
(MARKED RED - SITE MAP)
TITLE
Assumed freehold or long leasehold subject to a nominal ground rent
VAT
The subject property may be subject to VAT at the prevailing rate
VIEWING
Strictly through agent
RENT DETAILS
As at 10th April 2018 current rent details as follows:
10 Rainey Street, Magherafelt - £2640 per annum plus VAT
12 Rainey Street, Magherafelt - £7800 per annum plus VAT
14 Rainey Street, Magherafelt - £5000 per annum plus VAT
Carpark at rear - Rainey Street, Magherafelt - £13,000 per annum plus VAT
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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