|Address||98 Duke Street, Waterside, Londonderry|
|Rent||£6,000 / year|
|Rates||Paid by Tenant|
|Lease||36 to 300 months|
Location: These premises are located on Duke Street which is the main thoroughfare leading into the City via Craigavon Bridge. The shop is highly visible being located adjacent to traffic lights at the top of Duke Street. There are parking bays just below the shop in addition to a multi-storey car park which is accessed from Duke Street and Spencer Road.
Accommodation: Gross internal floor area approximately 94.40 sq m
(1,015 sq ft).
Shop - 4.38m x 4.50m plus 3.37m average x 4.40m.
Store - 3.53m x 2.81m plus 3.40m x 2.80m, Office 1 - 2.45m x 3.56m, Office 2
- 1.83m average x 2.56m. N.B. (These rooms have been formed using stud
walls which could be removed to incorporate them into the shop area as
shown on the plan overleaf). Kitchen 2.34m x 3.98m, lobby area, disabled toilet and second toilet.
The shop is fitted with economy 7 electric storage heaters and there is a roller
shutter to frontage. Access to laneway at rear.
Rateable Value: £4,750
The commercial rate in the pound for the Derry City & Strabane District for the year commencing 1st April 2017 is £0.620831 which equates to rates payable of £2,948.95.
Small Business Rates Relief of 25% applies to properties having an N.A.V. (Rateable Value) of more than £2,000 but not more than £5,000 until 31st March 2018. This relief is not awarded to businesses who occupy 4 or more premises.