Recently renovated commercial premises with excellent shop frontage located on a busy street in Kilkeel Town Centre with large volumes of vehicular traffic and passing pedestrian footfall.Off street parking also available. Shop size approx 730 sq ft.
This unit can be rented as either retail or office and offers both gas heating and toilet facilities. Extra rear storage can also be leased fo an addional £250 per month. (approx 775 sq ft).
Annual rates for 2018/19 NAV is £2,200. However the property is eligible for 25% small business rates relief rates so the rates will cost the tenant £1650 for 2018/19. Please see below.
There are three levels of Small Business Rate Relief:
• Business properties with a NAV of £2,000 or less will receive a reduction of 50 per cent relief
• Business properties with a NAV of more than £2,000 but not more than £5,000 will receive 25 per cent relief
• Business properties with an NAV of more than £5,000 but not more than £10,000 will receive a 20 per cent relief