The property comprises a substantial modern three storey building arranged over ground and two upper floors suitable for a wide range of commercial uses including, office, retail, leisure, gym, hotel or bar/nightclub subject to planning. The property is a contemporary construction with a striking, fully glazed façade. The ground floor retail premises benefit from aluminium shop front and are secured with modern roller shutters. Tenure Freehold Terms We are instructed to seek offers over £550,000 subject to contract and exclusive of VAT, for our client’s freehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £ and the rates payable are £ pa. The UBR for 2017/2018 is p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The subject property is located in a prominent corner position in the City Centre on Waterloo Place, north of the Diamond and within close proximity of the Foyleside Shopping Centre and Richmond Shopping Centre. It benefits from extensive frontage onto Waterloo Place which is a popular retail, leisure and office location. Nearby occupiers include Poundland, SuperValu, Gordon’s Chemist and Wetherspoons.