Unit 1, Kingsway Arcade,

ADDITIONAL INFORMATION

DESCRIPTION

Situated on Monaghan Street, the beating heart of Newry’s dining scene, this prime corner property offers an exceptional opportunity for an ambitious restaurant or takeaway owner. Known as the city’s main food street, Monaghan Street draws a high volume of foot traffic, particularly during lunch, dinner, and weekend hours, ensuring visibility and a steady stream of potential customers.

The property is housed on a prominent corner site, maximizing exposure with large street-facing windows that showcase your business to passersby. This strategic location benefits from the busy thoroughfare connecting shoppers, locals, and visitors from Newry’s popular retail and business hubs.

SPECIFICATION

The premises is finished to a high standard throughout to include the following specification:

- Open Plan Kitchen/ Seating Area
- W.C.
- Combination of recessed and surface mounted lighting
- Variety of vinyl and tiled coverings
- Electric roller shutter door
- Purpose built shelving
- Preparation room
- 1st Floor Storage

TERMS

Rent: £20,000 Per Annum
Deposit: 3 Month equivalent

Term: Negotiable

RATEABLE VALUE

We are advised that the NAV is £13,900.00

Rate in £ (2022-2023): 0.51521

Estimated Rates Payable 22/23: £7,670.66 per annum.

The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.

VIEWING DETAILS/ FURTHER INFORMATION

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

Stephen Gray, Commercial Manager
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.