19 Market Street,

RETAIL INVESTMENT OPPORTUNITY

We are pleased to present a remarkable investment opportunity in the busy town of Lurgan and encompassing a tenanted supermarket. This exceptional property promises stability and growth potential, making it an ideal investment opportunity for both seasoned investors and newcomers to the market. The sitting tenant is unaffected by the sale.

DESCRIPTION

This building is ideally situated in center of Lurgan, ensuring high footfall and visibility. It benefits from a prime location on the main commercial street, surrounded by other retail businesses, cafes, and local amenities. Convenient access to public transportation and ample parking options make it easily accessible for both locals and visitors.

LOCATION

Lurgan is a historic town located in County Armagh, Northern Ireland. Situated in the central part of the country, it is approximately 25 miles southwest of Belfast and 20 miles northwest of Newry. Lurgan is known for its rich heritage, friendly community, and picturesque surroundings. Lurgan's town center is a hub of activity, featuring a variety of shops, boutiques, cafes, restaurants, and local businesses. The bustling streets are filled with a mix of traditional and contemporary architecture, creating a unique atmosphere. The town center is a popular destination for both residents and visitors alike, providing a vibrant and lively environment.

TENANCY

One of the key advantages of this investment opportunity is the presence of reliable, long-term tenants who will remain unaffected by the sale. The sitting tenants have a strong track record of successful operations and have committed to long-term lease agreements. This ensures a consistent rental income stream and minimizes any potential disruption in cash flow. The tenants' established customer base and loyal following add to the stability and profitability of this investment.

SPECIFICATION

Ground Floor extending to 2100 Sq Ft
Surface mounted Flouresant lighting
Suspended ceilings
W.C
Kitchenette
Office
CCTV
Service lift
Storage 1st/2nd Floor
Shared service entrance
Rear yard
Glazed shopfront and pedestrian door
Electric roller shutter

NAV

We are advised that the NAV is £18,900.00.

Estimated Rates Payable 21/22: £10,652.89 per annum.

The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable. However; we recommend that you verify this with Land & Property Services.

VIEWING DETAILS/ FURTHER INFORMATION

For further information or to arrange a viewing, please contact:

Stephen Gray, Manager - Commercial Property

T: 028 300 50633

E: [email protected]

These particulars are issued by Bradley Estates NI Ltd on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing them, Bradley Estates NI Ltd for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) the particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract, (ii) any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access or any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness, (iii) neither Bradley Estates NI Ltd, nor any of their employees have any authority to make any or give any representation or warranty in relation to the property. Note: All plans and photographs are for identification purposes only. Subject to contract.