Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo

For Sale by Private Treaty

Newry Variety Market, John Mitchel Place,,
Newry, Co. Down, BT34 2BP

Asking price £15,000

Previous image
Next image

The subject property occupies a prominent location at the entrance to the Newry Variety Market complex via John Mitchel Place, leading to the well-established retailing pitch of Hill Street.

Features

  • CLOSING FRIDAY 25TH OCTOBER 2019 12 NOON
  • Prominent retail location in Newry city centre.
  • High volume of pedestrian trade.
  • Suitable for a variety of uses (STPP).

Location

Newry City is strategically located between Belfast and Dublin, being 35 miles South of Belfast and 65 miles North of Dublin. With this important border position Newry provides the main route between Belfast and Dublin and attracts considerable cross border trade and co-operation. Newry has a population of 26,895 according to the 2011 census.

The prime retailing locations in Newry are the Buttercrane Centre, the Quays Shopping Centre, Hill Street and Damolly Retail Park. All of which hold big name retailers including Marks and Spencer, Next, Debenhams and McDonalds.

Located within the Newry Variety Market, the subject property shares the complex with a mix of permanent commercial occupiers within the wider market to include a Hair Salon, Dental Lab, Printers, a music school and a butchers. 

There are also public WCs contained within the market.

Closing Bids

CLOSING FRIDAY 25TH OCTOBER 2019 12 NOON

We have been instructed to proceed as follows:

  • Initial bids must be placed prior to Friday 25th October 2019 at 12 Noon to ensure inclusion in the next round of bidding.
  • We will only be accepting further bids after this date from parties who have already made an initial bid.
  • The proposed offer amount in pounds sterling.
  • Purchaser name and full contact details.
  • Your solicitor details.
  • Proof of funds must be provided, by way of a bank statement or letter from a bank, accountant or solicitor.
  • Any conditions associated with your bid.

Please note, the vendor reserves the right not to accept the highest, or indeed any, offer made.

Full Description

The subject property occupies a prominent location at the entrance to the Newry Variety Market complex via John Mitchel Place, leading to the well-established retailing pitch of Hill Street.

The property is a purpose built, open sided, structure with steel frame and a pitched and tiled roof.

Viewing Details

By special appointment with the sole letting agent, Lisney

Accomodation

Description Sq ftSq m
Gross External Area46743.36

Planning

There is currently an active planning application on the subject property under reference number LA07/2018/1025/F for Alteration and extension to existing retail premises and all associated site works (Amended Plans/Proposal). 

Please Note: Prospective purchasers should make their own enquires concerning planning permission.

Service Charge

Purchaser will be responsible for a portion of the Service Charge levied to cover upkeep of the common areas, toilets, access gates etc.

Business Rates

We understand that the property is to be assessed for rating purposes.

Property Size

c. 467 sqft

Asking Price

£15,000

Title

We understand the property is held by way of a long lease-hold and subject to a nominal ground rent. 

VAT

All prices and outgoings are exclusive of but may be liable to VAT.

Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Newry Variety Market, John Mitchel Place,, Newry, Co. Down, BT34 2BP photo
Previous image
Next image