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Shopping property goes on market with £2m price tag

THE director of Houstons Department Store has insisted there is no threat to the business despite the store being up for sale for £2 million, making it one of the most expensive commercial properties to go on the market here in recent years.
This retail property with three occupied outlets on High Street and Cross Street in Enniskillen is home to Houstons, Dollakis and Claire Daly Interiors.
The town centre property is currently on the market with Osbourne and King for £2 million.
The three businesses are currently operating under a lease, and are expected to remain in business at the property if it is sold.
This retail property features dual frontage to High Street and Cross Street is arranged over basement, ground and first floor.
Houstons occupies a prominent corner position on High Street, with two separate units fronting Cross Street. Dollakis, a long established Greek restaurant occupies a rear unit on Cross Street which is fully fitted and includes glass shop front and external roller shutters.
Claire Daly Interiors also operates from a unit on Cross Street.
Company Director of Houstons, John Houston offered reassurances about the business and said, “As a long established family business we not only have retail stores but also have a number of property interests in Northern Ireland.
“Obviously the property arm of the Houston Group buys and sells property in its normal course of business.
“The Houston Group have put their Enniskillen Building 1-3 High Street on the market for sale as part of the Directors long term strategy to fund further expansion for the Retail Group.
“The building is being sold as an investment with Houstons remaining as anchor tenants with a 10 year lease, no aspect of the Enniskillen Store will be affected in any way.”
Mr Houston added, “The company continues to expand last year we opened a new department store in Lisburn and in August this year Houstons opened a 10000sq ft store in the Quays shopping centre Newry, this sale will fund further projects that are currently being developed’.

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The Fermanagh Herald is published by North West of Ireland Printing & Publishing Company Limited, trading as North-West News Group.
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