15k per Annum minimum 5 year lease
Superb High Street Retail Unit – Bright, Open Plan, Available now!
Special offer of: 15k per Annum minimum 5 year lease*
LOCATION
The property occupies a superb prime position fronting directly onto the High Street in Portadown, the core retail location in the town. The area benefits from high levels of pedestrian and vehicular traffic, with local bus and rail services both within walking distance.
Nearby occupiers include, Specsavers, Nationwide, JR McMahon and Toymaster.
DESCRIPTION
Previously occupied by Top Shop, the subject property consists of a 3 storey building with a large internal retail area on ground floor with offices and storage facilities on the first and second floors.
The ground floor provides a bright open plan retail area. Internally the unit is in very good condition, keeping with the standard fit out from the previous tenant; with laminate wooden flooring, suspended ceiling, recessed spot lighting and recessed shop front with central double doors. Heating in the unit is via recessed heating/cooling ceiling units.
The 1st floor is duel accessed via a stair case at the rear of the unit and pedestrian access from the high street. The floor provides an office, staffroom with kitchen facilities and 2 large storage rooms. The first floor is finished with screed flooring, block walls, strip lighting, metal profile ceiling and double glazed windows. Male & Female WCs are located at the rear of the first floor. Heating at this level is via electric blow heaters.
Additional fire escape route from 1st floor is via shared staircase with neighboring occupier, Nationwide.
The second floor is accessible via a loft hatch / slingsby ladder but is finished to a good standard, with chip board flooring & block walls.
The unit benefits from Emergency Lighting, fire doors throughout, fire and intruder alarms and fire extinguishers.
ACCOMMODATION
Ground Floor 2,050 Sq Ft
1st Floor 2,050 Sq Ft
2nd Floor / Loft 570 Sq ft
FITTINGS
The shop is offered in extremely good condition with lots of fittings suitable for a fashion brand, but not tied to. This unit would suit a high street retailer or established local brand.
As per the images and 360 walkthrough, fittings can stay or be removed, including but not limited to: Large retail counter, wall mounted and free standing racking, mannequins, tables, chairs, extensive high standard full length shelving on first floor
RENT AND LEASE TERM
£15,000 per annum minimum five year lease (Subject to business usage)
*Agreed market review uplift clause to be inserted - Call now for more information.
RATES
NAV £20,000
Rates payable is estimated at £11,272.90 before rate relief, it is the tenants duty to apply to LPS for relevant rate relief.
The annual rate calculation shows full annual rates for 1st April 2023 to 31st March 2024.
VIEWING ARRANGEMENTS
For further information or to arrange a viewing, please Lee at Hannath Estate Agents.
Tel. 02838399911
Mob: 07908808971
Email: leedon@hannath.com