lisney sainsbury's strand road, londonderry brochure

STRAND ROAD, LONDONDERRY

FOR SALEPRIME FREEHOLD FOOD STORE INVESTMENT

SITUATION

LOCATION

Belfast

Ballymena

Coleraine

Londonderry

Strabane

Enniskillen

Newry

Letterkenny

INVESTMENT SUMMARY

DESCRIPTION

ACCOMMODATION

TENANCY

The property provides the following approximategross internal areas;

Description Sq ft Sq m

Ground Floor - Food Store 55,366 5,143.50

Ground Floor – Banking Hall 10,050 933.65

Mezzanine - Storage 1,068 99.22

First Floor – Storage/Ancillary 4,489 417.03

Total 70,973 6,593.40

COVENANT Store Retailer Floor area (Sq Ft) Rent (£PA) Rent (£PSF) Date Comments

Crescent Link,Londonderry

Asda 81,000 1,335,000 16.50 TBC Agreed subject to planning

Downshire Road, Newry Tesco 86,822 1,562,796 18.00 May 2009 Store yet to be built

Balloo Retail Park,Bangor

Sainsbury’s 60,000 900,000 15.00 May 2009 LL contribution £900,000.Fixed uplifts 2% pa

Abbey Retail Park,Newtownabbey

Tesco 72,000 1,342,000 18.65 May 2006 Arbitration Award

For further information

please contact:

Andrew Marsden

T: 028 90 501514

M: 07803 000014

E: amarsden@lisney-belfast.com

Andrew Gawley

T: 028 90 501552

M: 07917 007522

E: agawley@lisney-belfast.com

Stephen Chambers

T: 028 90 501518

M: 07834 451488

E: schambers@lisney-belfast.com

The Directors of Lisney for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for theguidance of intended purchasers or lessees, and do not constitute part of, an offer or contract; (ii) all descriptions, reference to condition and necessary permissions for use and occupation,and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves byinspection or otherwise as to the correctness of each of them; (iii) no person in the employment of the Directors of Lisney has any authority to make or give any representation or warrantywhatever in relation to the property.

5 Linenhall Street, Belfast BT2 8AA. www.lisney.com