Location
The subject property occupies a prominent and highly visible position on Main Street, Moira.
Moira is located approximately 17 miles south-west of Belfast and approximately 1 mile from junction 9 of the M1 Motorway. Moira benefits from excellent public transport and road links with the M1 providing easy access to Belfast and the West.
A large part of the town centre has been designated a Conservation Area which has added to the attractiveness of the Town. There has been significant housing development in and around Moira and further demand for housing is anticipated. Based on the 2001 Census Moira is classified as an intermediate settlement of 3,682 people.
Description
The property comprises a petrol filling station, convenience store and car wash. There is a Northern Bank ATM on site, 20 allocated car parking spaces and 12 fuel pumps.
The main business turnover of core shop sales and fuel sales is supplemented by further income from the car wash, E Top Ups / Paypoint, Lottery and stamps. Currently operates 24 hours, 7 days with approximately 13,000 customers per week. Traffic flow past the site is currently 20,000 vehicles per week.
An opportunity to grow the business is projected with the enlargement of the retail area and the introduction of a hot food / deli counter.
Accommodation
Gross Internal Area |
3,575 Sq Ft |
332 Sq M |
|
sq.ft. |
sq.m. |
Shop |
1,402 |
130 |
Offices |
248 |
23 |
Store |
1,080 |
100 |
Mezzanine |
952 |
88 |
Kitchen |
116 |
10.8 |
Lease/Sale Details
Rent: £110,000 per annum. Term: By Negotiation. Rent Reviews Every 4 years on an upward only basis. Next Rent Review 1st February 2012. Repairs: Full repairing and insuring basis.
Offers invited around £1.4 million for lease, goodwill, fixtures and fittings.
Rates
We have been verbally advised by the Rates Authority that the assessment for the entirety is:
NAV: £36,800
Rate in the £ for 2009/10: 0.0.542975
NB: All prices, charges and rents are quoted net of VAT, which may be chargeable.