165 Thomas Street, Craigavon

BT62 3BE, County Armagh

£14,000 p/a

165 Thomas Street, Craigavon

BT62 3BE

£14,000

  • Viewing Arranged on Request

OPPORTUNITY TO ACQUIRE ESTABLISHED CONVENIENCE STORE BUSINESS ON THE EDGE OF PORTADOWN TOWN CENTRE


LOCATION

The subject property is situated in a prominent location fronting Thomas Street on the edge of Portadown town centre. The property is located within a predominantly residential area and benefits from high levels of passing pedestrian and vehicular traffic.


DESCRIPTION

The property comprises an end-terrace ground floor unit extending to approximately 1,000 Sq Ft ( 93 Sq M). The property is finished to a good standard with energy efficiency remote dairy cases, recessed box lights and double glazed aluminium shop front with double sliding doore. The property also benefits from intruder alarm, CCTV and emergency lighting.

There is also an additional rear store of c. 440 Sq Ft, including a back up chill and freezer, which is accessed through the rear of the shop or via a shutter onto Bann Street which is ideal for deliveries.


FIXTURES & FITTINGS

The shop is fitted with the following –

Fridges

Coffee machine

Cigarette Stand

Cashiers Counter


Cost to acquire fixtures and fittings, along with good will for the established business is £40,000.


Exiting stock can be sold at wholesale cost price to the new tenant.


LEASE TERMS

Rent: £14,000 per annum.

Term: 10 years

Rent Review: 5 yearly

Tenant will be responsible for internal repairs and maintenance and also to reimburse the landlord for a fair proportion of the building insurance.

Tenant will be responsible for rates and utilities.


VIEWING ARRANGEMENTS

For further information or to arrange a viewing please contact Alison McClean

Tel. 07885 603066

Email. Alison@hannath.com


Features

  • Established Convenicence Store Business
  • Prominent location on the edge of Portadown Town Centre
  • NIA: 1,000 Sq Ft
  • Share this development

Location Map and Street View

How much will it cost to live here?

Property Price £14,000 I want to pay deposit of £ with an interest rate of % over a term of years.