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Unit 4 Stonegate Centre, Stratheden Heights, Newtownards, BT23 8ZE

Annually £10,000
  • status Rent
  • style Restaurant/Cafe
  • Price Annually £10,000
  • Style Restaurant/Cafe
  • EPC Rating A100
    EPC
  • Status Rent
Macfarlane & Smyth Office: 028 9032 5888

Description

ACCOMMODATION
Retail area with store/prep area plus WC.  The shop is provided with equipment such as refrigerators and wok burners.  The equipment is provided as seen and no warranty is provided as to its continued functionality.

Front of Shop   
44.48 m² (478  ft²) approx

Store/preparation area
7.99 m² (86sq ft²) approx

WC

TOTAL:   
52.47 m2  ( 564 ft²)

LEASE DETAILS

TERM
Five years or longer by negotiation

RENT
£10,000 per annum plus VAT plus rates

RATES
Online enquiries with Land and Property Services confirm that the NAV of the property is as follows; Shop store:
£7,150
The rate in the £ 2018/2019 is 0.557373Rates payable based on the above figures would be £3,985.22 approximately.
A 20% discount is available on the above figure for the 2018/2019 tax year under the SmallBusiness Rates Relief Scheme.  The annual rates payable with the benefit of the reduction up to 31st March 2019 are approximately £3,188.18 

VAT
Shall be 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.  Current cost of insurance for 2018/2019 is approximately £600 inc VAT but it expected amount will depend on the usage.

SERVICE CHARGE
Service charge covers share of the cost of maintaining carpark and common parts of the shopping centre.  The landlord is prepared to offer a fixed rate service charge of £500 per annum plus VAT.

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

 

Features

  • Fully fitted hot food takeaway
  • Spacious retail unit in Stonegate Shopping Centre in Newtownards
  • Served by ample customer parking

Location

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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.

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