Dungannon is a large mid Ulster town situated at the end of the M1 motorway approximately 42 miles south west of Belfast.
The property is situated close to the town centre accessed off Scotch Street. The property fronts on to the Scotch Street (South) public car park.
The property comprises a purpose built Iceland Foodstore accessed off Scotch Street centre and the Scotch Street (South) car park. The building is of steel frame construction with a facing brick exterior and flat roof over. The unit has been fully fitted to the Iceland corporate specification including dry goods and cold stores to the rear. Ancillary staff and office accommodation is provided at first floor level.
Ground Floor 6,425 sq ft
First Floor 680 sq ft
Total 7,105 sq ft (660 sq m)
The property is subject to a lease to Iceland Foods Ltd until 31 July 2027 at a passing rent of £55,500 per annum exclusive.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D79.
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).
Net Annual Value: £43,900
Estimated Rates Payable for 2024/2025: £24,568
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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