90 Main Street, Letterkenny, Co Donegal

Location

The subject property occupies a high profile position on upper Main Street, Letterkenny and as such benefits from a high level of passing pedestrian footfall. Letterkenny has been designated as a gateway town for the northwest region and has witnessed unprecedented levels of growth over the past 5-10 years.

Letterkenny is well represented by international, national and local traders with names like Tesco, Marks & Spencer, TK Maxx, Next, New Look, River Island, Boots and Tempest.

Description

The subject unit comprises a ground and first floor retail unit extending to approximately 279 sq m (3,003 sq ft).  The property is regular in shape and has the benefit of an extensive retail fit-out and as such would suit a variety of retail uses, subject to the necessary planning permissions.

Lease

The unit is held under a 20 year FRI lease from 19th March 2007, subject to 5 yearly rent reviews. There is a tenant break option in the tenth year, subject to giving 6 months written notice in advance.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€85,000 per annum

Rates

We understand that the annual rates (2010) for the property will be €5,905.

Service Charge

TBC