10 Marcus Square,

Overview

Located in the very core of Newry's City Centre just off Hill Street, 10 Marcus Square is a prime retail unit situated on a busy retail strip alongside the Corn Dolly and McKeevers Chemist. Extending to c.1285 sq ft, this excellent space benefits from rear service access onto Lower Water Street.

(Note: Tenant fitout and equipment not included)

Description

LOCATION:

Newry occupies a strategic location between Belfast and Dublin, c. 37 miles south west of Belfast. The City has the benefit of excellent communication links due to its location on the main A1 Dual Carriageway which serves as the key link between Dublin and Belfast. The subject property is situated just off Hill Street, along a retail parade at Marcus Square. This area of Newry has long been the traditional main street of Newry and still benefits from an extensive footfall. Nearby occupiers include First Derivatives PLC, Fitzpatrick and Kearney Chartered Accountants, Danske Bank, First Trust Bank, Ulster Bank and a wide range of service and retail based businesses. This enviable location offers ease of access to a variety of nearby carparks, as well as the major road networks such as the M1 & M2.



SPECIFICATION:

- Ground Floor extending to 1065 Sqft
- First Floor extending to 220 Sqft
- Suspended ceilings with mounted lighting
- W.C
- Glazed shopfront and pedestrian door
- Stair to first floor



TERMS:

Rent: £17,500

Deposit: £4375

Term: Negotiable



NAV:

We are advised that the NAV is £13,000.

Rate in £ (2020-2021): 0.51521

Estimated Rates Payable 20/21: £6,697.73 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, Commercial Property Executive

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.