|80 Hill Street Newry, BT34 1BE
|Offers over £250,000
Prime location in Newry City’s main shopping thoroughfare where nearby retailers include Superdrug, Menary’s, Hallmark, Supervalu, Outdoor Active outlet, Harry Corry Interiors, Tui Travel Agents, Around a Pound, Jack Murphy Jewellers and Cahill Brothers Footwear. The Quays and Buttercrane Shopping Centres are in close proximity.
Newry has a population of 30,000 (2011 Census) with a catchment population of 55,000 people within a 15 minute drive time. It is situated approximately 35 miles south of Belfast and 4 miles from the border and therefore enjoys a large cross border trade.
The property comprises a ground floor shop retail unit which is currently let, together with vacant upper floor commercial/storage premises with separate own door access from Hill Street.
In addition, there is a fire escape access from ground floor level to the rear of the property, leading to The Mall.
The ground floor shop premises comprises approximately 181 sq m (1,950 sq ft) and is let for 5 years from September 2023 at an annual rent of £16,000 exclusive.
The extensive upper floors (separately accessed from Hill Street also) have not been occupied for in excess of 15 years and require substantial refurbishment. However, all the various roofs of the upper floors were re-roofed in 2012. The upper floors would be suitable for refurbishment to offices or conversion to residential accommodation, subject to obtaining the relevant planning permission
For further details please see attached brochure, or to arrange a viewing please contact Scott Lawther on 02890 500100