NET INTERNAL AREA 44.08 m² (475 ft²) Approx.

Modern retail unit on Union Street in Lurgan.  Features include a new shopfront, newly plastered and painted walls, suspended ceiling,  double glazing and Fire alarm system.  A large basement provides plenty of storage space as well as WC and kitchen facilities.  The entire property recently re-roofed.

ACCOMMODATION
Comprising newly renovated ground floor retail area The basement area provides kitchen and toilet facilities as well as ample additional storage.

Retail space   
23.93 m² (258  ft²) approx

Basement
20.15 m² (217sq ft²)
21 Union Street has a basement containing its own WC and kitchen facilities.

LEASE DETAILS

TERM
By negotiation

RENT
£6,500 per annum plus rates

RATES
21 Union Union Street is included on the rating list and described as “Amusement Arcade & Store”.

The NAV is currently £3,800.00

The rate in the £ 2023/2024 is 0.555325

Rates payable based on the above figures would be  £2,141.85 approximately.

A 25% discount is available on the above figure for the 2023/2024 tax year under the Small Business Rates Relief Scheme.  The rates payable would become approximately:Rates payable after 25% discount applied: £1,606.39

VAT
May be charged on rent and outgoings but not currently

REPAIRS
The tenant will be responsible for all repairs.

INSURANCE
Tenant responsible for repayment of the  building insurance premium.

SECURITY
Electrically operated security shutter

VIEWING
Strictly by appointment with Macfarlane & Smyth. For further details please contact Andrew Smyth.