Hill St - Retail FOR SALE


Newry, CDN BT34 1AU
$945,000 USD
289-023-3111
Hill St, Newry, CDN for Sale
$945,000 USD
Retail - FOR SALE
1/13
null | 9.44% Cap Rate

Hill St
Newry, CDN BT34 1AU


HIGHLIGHTS

  • Extremely prominent landmark building
  • Located in the heart of Newry city centre
  • Short distance from the Buttercrane and Quays shopping centres.

OVERVIEW

Investment Opportunity located within the heart of Newry City Centre let to AIB Group (UK) Plc The property is located within the heart of Newry city centre, with excellent frontage onto both Hill Street and The Mall, overlooking the Newry Canal, the Old Creamery Retail Park and a short distance from the Buttercrane and Quays shopping centres. The property comprises a purpose-built of a three-storey bank premises, constructed in 1903 by Alexander Whelan. The front entrance from Hill Street is the main pedestrian entrance off the main shopping street in the city leading to the banking hall. The rear entrance from The Mall is very impressive and benefits from pedestrian and vehicular access. ATMs are located at both the front and rear entrances to the building. The upper floors comprise a mix of offices and staff facilities. The city of Newry is considered to be the ‘Gateway City’ between Northern Ireland and the Republic of Ireland and is strategically located approximately 39 miles south of Belfast and 67 miles north of Dublin. Neighbouring occupiers include Danske Bank, FD Technologies, TUI and Menary’s. Other major footfall drivers in the immediate vicinity include Canal Court Hotel, and the Southern Regional College campus.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

9.44%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian KiddFrazer KiddMore Info
289-023-3111

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Brian KiddFrazer KiddMore Info
289-023-3111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.