High Street Mall, High Street, Portadown

Property Details

Investment Summary
Situated in a highly prominent and accessible town centre location.
Recently undergone significant redevelopment and remodelling.
Over 500 onsite car parking spaces.
Anchored by Lidl and B&M.
Total gross income of £252,000 per annum.
Offers in excess of £2,000,000 (Two Million Pounds) exclusive of VAT, subject to contract, are invited for the Freehold interest (c.£17.40 psf).

Location
Portadown is a bustling market town located in the Armagh City, Banbridge and Craigavon Borough Council area. The town has a population of c. 25,000 people with a further catchment population of c. 95,000 people.
The town is located approximately 23 miles south west of Belfast and 20 miles north of Newry. It is served by an excellent bus, rail and road network and is strategically positioned just off the M1 motorway.
High Street Mall occupies a highly prominent and accessible town centre location directly off the A3 Northway, a main arterial route in the town and is situated opposite Portadown bus and train station.

The Mall
High Street Mall has recently undergone significant remodelling and redevelopment.

Description
High Street Mall is situated in Portadown town centre and has pedestrian access from both High Street and Woodhouse Street. The multi storey car park is accessible directly from the A3 Northway.
The scheme comprises in excess of 114,000 sq.ft. of modern retail space and benefits from a multi storey car park providing over 500 free spaces. The centre is anchored by a
c. 25,000 sq.ft. Lidl supermarket and a c. 30,000 sq.ft. B&M store. Other key retailers within the scheme include Home Bargains, Superdrug, Caffe Nero, Holland & Barrett, Greggs,
The Works, Peacocks and Gordons Chemist.

Schedule of Accommodation
See attached brochure

Proposal
Offers in excess of £2,000,000 (Two Million Pounds) exclusive of VAT, subject to contract, are invited for the
Freehold interest (c.£17.40 psf).

EPC
A copy of the full Energy Performance Certificate is available on request.

VAT
The Property is elected for VAT.