High Profile Fully Let Commercial Investment
A prime commercial investment opportunity comprising three premises and offering secured income in the very heart of Banbridge Town Centre. The property comprises number 77 Newry Street, trading as USA Nails, number 79 Newry Street, trading as Herrons Country Fried Chicken, and 24 Commercial Road, trading as Banbridge Tyres. The total passing rent roll is £29,500 pax rising to £30,000 pax in November 2027. A rare opportunity to acquire a fully let commercial holding in Banbride Town Centre.
- Location
- Banbridge is situated approximately 25 miles southwest of Belfast, 15 miles north of Newry city and 12 miles east of Portadown with convenient access onto the A1 Dublin to Belfast dual carriageway. Banbridge serves as a commuter town to Belfast and Newry along with the surrounding towns and villages and the latest NISRA statistics estimate the population of Banbridge Local Government District was 17,400. The town offers a wide range of local amenities as well as a healthy retail offering with an abundance of local independent traders, complemented by The Boulevard Outlet Shopping Complex, Banbridge Retail Park, Tesco and Lidl supermarkets. The property occupies a prominent location on the corner of Newry Street and benefits from a return frontage onto Rathfriland Street. Newry Street comprises the main retailing thoroughfare in Banbridge town, with a number of high-profile occupiers, including SD Kells, Donaghys, New Look and Santander.
- Description
- The property comprises a terrace of two commercial units with frontage on to Newry Street and a commercial yard and store to the rear with frontage on to the Council car park at Commercial Road.
- Accommodation
- 77 Newry Street: 77.50 sqm / 830 sq ft 79 Newry Street: 60.33 sqm / 649 sq ft 24 Commercial Rd: 125.49 sqm/ 1,351 sq ft incl store and canopy
- Rates
- We have been advised by the Land and Property Services of the following rating information: 77 Newry Street - Net Annual Value £10,700 Estimated rates payable 2026/27 £6,716 79 Newry Street and 24 Commercial Road - Net Annual Value £11,900 Estimated rates payable 2026/27 £7,469 * Does not include any reductions for small business rates relief, exemptions or exclusions.
- VAT
- All prices, rentals and outgoings are quoted exclusive of VAT.
- Title
- Assumed Freehold
- Solicitors
- R. M Culen Solicitors 16-22 Edward St, Portadown BT62 3NA