A superb retail and office building in an excellent location on the popular Lisburn Road in South Belfast. The Lisburn Road has a host of high class Fashion retailers, Art Galleries, Restaurants and Coffee Shops. Excellent opportunity to acquire an investment building with potential for development along side investment income.
A superb retail unit in an excellent location on the popular Lisburn Road in South Belfast.
The Lisburn Road has a host of high class Fashion retailers, Art Galleries, Restaurants and Coffee Shops. A wonderful opportunity to open a coffee shop on the ever popular Lisburn Road.
The accommodation on the ground floor comprises
Kitchen space of - 216sq.ft. / 20.13sq.m
Retail space of - 434sq.ft. / 40.32sq.m
Disabled WC 48sq.ft. / 4.49sq.m
WC of - 26sq.ft. / 2.47sq.m
Total - 751sq.ft / 69.77sq.m
The ground floor tenants lease expires on 30th June 2024 on an original 6 year lease with a passing rent of £14,000.00 per annum exclusive. As far as we are aware all terms oft he elase are being complied with.
The first and second floor accommodation comprises
Office 1 - 231sq.ft. / 21.51sq.m
Office 2 - 120sq.ft. / 11.20sq.m
Office 3 - 134sq.ft. / 12.45sq.m
Office 4 - 106sq.ft. / 9.89sq.m
Office 5 - 103sq.ft. / 9.61sq.m
Office 6 - 108sq.ft. / 10.05sq.m
Male and Female WC - 11sq.ft / 1.11sq.m
Total - 816sq.ft. / 75.80sq.m
The upper floors are in need of some refurbishment the tenants are currently holding over on a quarterly basis with a current passing rent of £4,500.00 per annum exclusive
A total rent roll of £18,500.00 per annum exclsuive with potential to improve upon this figure.
Details of any of the our commercial properties are available directly from our office at 4 Malone Road Belfast and should you require any information please do not hesitate to contact us.
We are seeking offers in the region of £300,000.00 (three hundred thousand pounds sterling). viewing is strictly by appointment only and any further quyestions please contact this office only on 028 90 683 711 or email info@hustonestateagents.com
Belfast is the capital of Northern Ireland with a population of approximately 650,000, the 15th largest city in the UK, and a catchment population in excess of 1,000,000 people within a 20 minute drive-time.
The city is situated approximately 104 miles north of Dublin and 75 miles south east of Derry/L’Derry. Belfast is the largest commercial centre in Northern Ireland, which has developed into one of Ireland’s premier business cities with the largest employed population in the region.
As part of the new money laundering regulations it is necessary that any party interested in making an offer on the property will be required to provide photographic ID, utility bill and proof of funds before Heads of Terms can be issued to the respective solicitors. Property Ref: LISBURN ROAD