9 DERRYLORAN INDUSTRIAL ESTATE, COOKSTOWN, CO. TYRONE, BT80 9LU

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1 INVESTMENT SALE High Specification Industrial, Office, and Showroom Facility. 9 DERRYLORAN INDUSTRIAL ESTATE, COOKSTOWN, CO. TYRONE, BT80 9LU CONTACT Andrew Gawley agawley@lisney-belfast.com 01 INVESTMENT SALE HIGH SPECIFICATION FACILITY C. 80,529 SQ FT ON A SELF-CONTAINED SITE OF C. 3.5 ACRES BRIEF Located within the well-established Derryloran Industrial Estate, Cookstown Let to Cookstown Panel Centre Limited who have been in business for over 30 years 15 year term from 15th April 2015 on a IRI basis Break options at years 5 & 10 The property extends to approx. 80,529 sq ft (7, sq m) Total Site area of c. 3.5 Acres Current rent of 130,000 per annum reflecting approximately 1.61 psf overall Various long leases of 999 years at a ground rent of 5 P.A. Asking price of 1.35m exclusive

2 02 LOCATION RATES ACCOMMODATION The subject property is located in Derryloran Industrial Estate, approximately 1.4 miles from Cookstown town centre,1.3 miles from the Dungannon Road, 9 miles from Dungannon and 12 miles from the M1 motorway. Occupiers in the immediate area include CDE, Copeland, Trade Mouldings and Keystone. We have been verbally advised by the Rates authority of the following: NAV 143,700 Rate in the 2015/ We understand that the property currently benefits from industrial derating Unit 1 Warehouse Mezzanine Loading Bay Unit 2 Area Ft 2 41,156 5,229 8,889 DESCRIPTION The premises comprise approximately 80,529 sq ft in total within a self-contained, secure site of approximately 3.5 acres, benefiting from a generous concrete yard providing ample parking and turning space, accessed by double front gates. The manufacturing warehouse (Unit 1) comprises a number of adjoining buildings that are of a steel portal frame construction with a pitched clad roof and part blockwork walls with cladding to the remainder. The buildings also benefit from a concrete floor, box lighting, electric roller shutter doors and varying internal eaves heights of c. 4.5 m. to 5.5 m. An end unit is used as a covered loading bay with the front elevation open to the yard area. A small store/shed (Unit 2) is located to the rear of the manufacturing area and warehouse. A new build Showroom, Trade Counter, Offices and Warehouse (Unit 3) was constructed in 2007/8. Access to the showroom/trade counter is via a pedestrian access. Additional access is also provided via access control to a reception area with a lift servicing the first floor offices. Internally the offices have carpet flooring, plaster painted walls, suspended ceiling with recessed lighting, raised access floors and air handling units. There are a number of private offices, boardroom, open plan area, server rooms, storage space and W.C. s. The adjoining warehouse benefits from a concrete floor, box lighting and an internal eaves height of c. 6.5m The property further benefits from electric roller shutters to the front elevation, oil heating and an alarm system. The external area is surfaced in concrete and the site benefits from CCTV, lighting and barrier access control. We also undertstand there is an NIE substation on site. TENANCY Cookstown Panel Centre Limited Passing rent of 130,000 per annum 15 year term from 15th April 2015 based on an IRI basis Break options at years 5 & 10 Rent Reviews at years 5 & 10 Storage Shed Unit 3 Ground Floor - Showroom and Canteen First Floor Offices Warehouse Total 1,504 6,157 4,980 12,614 80,529 COVENANT INFORMATION Cookstown Panel Centre Limited has over 30 years experience in the supply of quality products to the kitchen trade. Cookstown Panel Centre Limited (NI027480) has a Creditsafe rating of 56 which is noted as low risk and an international score of B which is also low risk. Further covenant information is available on request. For more information visit:

3 03 IMAGE GALLERY - WAREHOUSING & WORKSHOP

4 04 IMAGE GALLERY - SHOWROOM, OFFICES & GROUNDS

5 05 SITE MAP FOR INDICITIVE PURPOSES ONLY UNIT 1 - EPC RATING OF C66 TITLE We understand the property is held under various long leases of 999 years at a ground rent of 5 P.A. PRICE We are instructed to seek offers in the region of 1,350,000 (One Million, Three Hundred and Fifty Thousand Pounds) for our client s interest. A purchase at this level would reflect a net initial yield of c. 9.1%, after allowing for normal purchaser s costs at 5.8%. LOCATION MAP UNIT 2 - EPC RATING OF E122 VAT All prices, outgoings and rentals are exclusive of, but may be liable to, VAT CONTACT Andrew Gawley agawley@lisney-belfast.com The Directors of Lisney for themselves and for the vendors or lessors of this thius this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessors, and do not constitute part of, an offer or contract; (ii) all desicriptions, references 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 by inspection 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 warranty whatever in relation to the property.