Cookstown is a busy market town in the heart of mid ulster approximately 65km West of Belfast. The property occupies a prominent location within the town centre close to the major shopping facilities, thereby benefitting from a high level of footfall and vehicular traffic. The immediate vicinity is predominantly commercial and neighbouring occupiers include Bank of Ireland, O2, Savers and Poundland.
The property comprises of a ground floor (former Boots pharmacy), with storage at part first floor and upper floor solicitors offices over part first and second floor. The upper floor offices are self contained and accessed via their own dedicated entrance.
Internally the tenants have maintained their premises to a good standard with Boots having carried out a substantial fit out to their usual specification.
Although currently vacant the ground floor retail and part first floor storage let to Boots on a lease expiring 30th April 2025 at a passing rent of £47,500 per annum. The remainder of the property is being sold with vacant possession.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D96.
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 iOK Auction website (www.iokauction.com).
Net Annual Value: £25,600 (Boots)
Net Annual Value: £3,900 (vacant offices)
Rate in the £ for 2023/2024: £0.533449
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Ground Floor Retail | 3,864 sq ft | (359 sq m) | ||
| First Floor Stores | 2,091 sq ft | (194 sq m) | ||
| First Floor Offices | 389 sqft | (36) sqm | ||
| Second Floor Offices | 473 sq ft | (44 sq m) | ||
| Total Area | 6,817 sq ft | (633 sq m) | ||
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