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Unit 3, Herbinson Square, Ballymena, BT43 6HS
To
Let
Retail Unit with ‘Hot Food’ Consent Extending to c. 85 sq m (915 sq ft)
Fully Fitted ‘Hot Food’ Unit extending to c. 85 sq m (915 sq ft)
Herbinson Square was developed in 2004 as a purpose built neighbourhood shopping centre, located on the Cushendall Road, one of Ballymena’s busiest arterial routes.
The surrounding area is predominated by housing but also in close proximity to the Braid Valley Hospital, Ballymena Health Centre and a
new Health and Care Facility currently under construction.
The subject unit is finished to developers specification to include screed concrete floor, exposed timber roof trusses, block work walls,
electric roller shutter door and glazed aluminium shop front.
Neighbouring occupiers include Vivo, Wine Flair, and Happy Village Chinese and Char Bella.
Hot Food Unit – c. 85 sq m (915 sq ft)
TERM – 20 years from 28 June 2004
RENTAL – £18,000 per annum
REPAIRS/INSURANCE – Effective full repairing and insuring lease by way of service charge
SERVICE CHARGE – Estimated at £1,724.66 per annum exclusive
NAV / Capital Value
We are advised by the Land and Property Service that the current NAV for the subject is: £5,300.
The commercial rate in the pound for 2020 / 2021 is £0.588186
Note – LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT.
Accommodation Details
Hot Food Unit – c. 85 sq m (915 sq ft)
Lease Details
TERM – 20 years from 28 June 2004
RENTAL – £18,000 per annum
REPAIRS/INSURANCE – Effective full repairing and insuring lease by way of service charge
SERVICE CHARGE – Estimated at £1,724.66 per annum exclusive
NAV / Capital Value
We are advised by the Land and Property Service that the current NAV for the subject is: £5,300.
The commercial rate in the pound for 2020 / 2021 is £0.588186
Note – LPS Small Business Rate Relief for premises with a NAV of more than £5,000 but less than £15,000 is 20%.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT.
