Excellent Multi-let Retail Investment Occupying a , Plaza Retail Park, Belfast Road, Newry, BT34 1QA

Newry, designated a city in 2002 is strategically located on the economic corridor between Northern Ireland and the Republic of Ireland located approximately 38 miles south of Belfast and approximately 60 miles north of Dublin.

The Plaza Retail Park occupies highly visible and prominent position only minutes from Newry city centre, the new 93,000 sqft Tesco Superstore and the 162,000 sqft Damolly Retail Park. Adjacent to the subject park is the Mourne Country Hotel and only a short distance away from the new Abbey Grammar School. The neighbourhood scheme benefits from approximately 42 free car parking spaces on site.

- •Excellent high profile retail investment located in an extremely prominent and visible location minutes from Newry City Centre benefiting from high volumes of passing traffic.
- •Excellent unexpired lease lengths remain with rent reviews coming up in the next 2 – 3 years offering excellent rental growth (minimum uplifts guaranteed in some leases).
- •The scheme has an ERV of £128,700 per annum exclusive.
- •All leases effectively full repairing and insuring terms by way of a service charge.
- •Excellent potential for future rental growth for a potential investor with the possibility of further development subject to negotiations. For further details please speak with the agent.
- EPC Score- D84