Commercial Restaurant Unit, Unit 2 K Monaghan Street

Description
Located on Monaghan Street, the vibrant hub of Newry's dining scene, this property presents an outstanding opportunity for an aspiring restaurant or takeaway owner. Renowned as the city's main food street, Monaghan Street attracts a high volume of foot traffic, especially during peak lunch, dinner, and weekend times and a consistent flow of potential customers.This unique property offers a fantastic opportunity for a variety of businesses. Formerly operating as a bustling restaurant, the space is well-equipped and adaptable, making it suitable for a wide range of uses. Located in a high-visibility area with ample foot traffic and easy access to major roadways, this property boasts excellent exposure and accessibility.The property features an open floor plan with a flexible layout, including a spacious main area that can easily be reconfigured to suit your specific needs. Large windows provide plenty of natural light, while high ceilings create an airy and inviting atmosphere. The existing kitchen infrastructure, including utility connections, ventilation, and plumbing, offers a head start for culinary ventures, food production, or other industries. This property is high adaptable and would be suitable for a variety of usesThe property features large street-facing windows that allow your business to be easily seen by passersby. This strategic location benefits from heavy foot traffic, connecting shoppers, locals, and visitors traveling to Newry´s bustling retail and business areas.

TERMS:
Rent: £18,000 Per AnnumDeposit: 3 Month equivalentTerm: Negotiable

RATEABLE VALUE
We are advised that the NAV is £6,980.00Rate in £ (2022-2023): 0.51521Estimated Rates Payable 22/23: £3,190.00 per annum.The annual rate calculation shows full annual rates for the current rating year (April to March). It does not include any reductions for rate reliefs, exemptions, or exclusions, or any emergency measures introduced to assist those impacted by COVID-19.