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Investment Highlights

  • Part of Ground Floor 9-11 Sugar Island Let to Gordons at a passing rent of £22,000 + VAT p.a.x
  • Excellent opportunity for vacant parts to be converted to apartments (subject to planning)
  • 10 year lease from 1st August 2025 with 5 year rent review
  • Approximately 8,900 sq. ft of space in total. Arranged over 3 floors with 3 main entrances on to Sugar Island
  • Longstanding tenant with excellent reputation
  • Newly built rear store included in lease to Gordons

Executive Summary

We are delighted to offer for sale this high profile mixed use investment opportunity at 9-11 Sugar Island, Newry. The lot comprises an attractive long term income from Gordons Chemists coupled with an exciting opportunity to regenerate a substantial town centre premises. The total floor space is approximately 8,900 sq. ft. with accommodation over three floors. Part of ground floor is let to Gordons Chemist on a new 10 year lease from August 2025 at £22,000 per annum. Whilst the upper floors are vacant, an indicative scheme has been prepared showing conversion to six apartments (subject to planning). A rare chance to acquire a substantial footprint in Newry City Centre with a very attractive tenant in place. Early viewing comes highly recommended.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
8,900 SF
Building Class
C
Year Built
1890
Price
$868,181 CAD
Price Per SF
$97.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.86
Lot Size
0.11 AC
Frontage
81’ on Sugar Island

Amenities

  • Storage Space
  • Smoke Detector

Nearby Major Retailers

SPAR
Tesco
Crossfit
Starbucks
Pure Gym
Nisa
  • Listing ID: 38798229

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 9-11 Sugar Island, Newry BT35 6HT

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