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Secure shop unit located within Glengormley’s commercial core.
Aluminium shop front with shutter.
Off Street delivery area provision.
Available immediately subject to the completion of the relevant documentation.
ACCOMMODATION
Comprising ground floor retail area and additional storage plus WC. Currently subdivided by means of a stud wall which could be removed.
Retail
34.61 m2 (373 sq ft) approx
TOILETS
Single WC with WHB
LEASE DETAILS
TERM
Three years or longer by negotiation
RENT
£6,500 per annum plus rates
RATES
We are verbally advised by the Valuation and Lands Agency that the NAV of the property is as follows:
Shop: £4,500
The rate in the £ 2021/2022 is 0.519426Rates payable based on the above figures would be £2,337.42 per annum approximately before any discounts are applied. Application of the 25% small business rates relief discount brings that figure down to approximately £1,753.07A 25% discount is available for the 2021/22 tax year
It is unclear at the current time whether the Small Business Rates Relief Scheme under which the discount is given will be extended beyond March 31st 2022. Readers should enquire with Land and Property Services
VAT
Not currently charged on rent and outgoings
REPAIRS
The tenant will be responsible for all repairs.
INSURANCE
Tenant responsible for repayment of their share of building insurance premium.
SECURITY
Aluminium roller shutter
VIEWING
Strictly by appointment with Macfarlane & Smyth. For further details please contact Andrew Smyth.
Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.
