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11-13 Market St
Omagh BT78 1EE

Retail Property For Sale

Investment Highlights

  • Omagh is an important provincial market town and the county town of County Tyrone.
  • The town has a large agricultural hinterland which includes a number of small villages such as Fintona, Dromore and Gortin.
  • It is located approximately 68 miles west of Belfast and 33 miles south of Derry-Londonderry.

Executive Summary

The subject property is a three-storey building of modern construction which is utilised for retail purposes.
The building is arranged to provide two retail units, of which the largest let to Primark Stores Limited has frontage onto and is accessed directly from Market Street.
The second unit which is let to Musgrave Retail Partners NI (trading as Supervalu) benefits from three entrances. The main entrance to the supermarket is via the Market Street car park, with the secondary entrances permitting access from Market Street and Scarffe’s Entry.
The units comprise of retail space and ancillary accommodation. There is a service yard situated to the rear of the property which is accessed via Market Road.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
69,104 SF
Building Class
B
Year Built
1960
Price
£4,885,000
Price Per SF
£71
Net Initial Yield
9.62%
NOI
£470,000
Percent Leased
100%
Number of Floors
3

Amenities

  • Signage
  • Listing ID: 33216980

  • Date on Market: 18/09/2024

  • Last Updated:

  • Address: 11-13 Market St, Omagh BT78 1EE

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