For sale
7 Lockview Road Stranmillis Belfast BT9 5FH
0 bedrooms
Offers over £75,000

Belfast: 028 9068 3711

Key features

Full description

Available for the first time in over 30 years a rare opportunity to purchase a very successful local business with limited local competition. A large shop front on a row of well-established shops on Lockview Road. There is significant shop front space for seats, displays and point of sale. Close proximity to Stranmillis Roundabout, attracting many commuters. On-street parking provided out front (max 1 hour), adjoining residential streets and two large public car parks nearby

The shop has a growing and almost exclusive catchment area covering Stranmillis, Malone Road and Annadale Embankment. It is the nearest grocery store to the Lagan Towpath, which receives over 1.4 million visitors per year. Within 300 yards lies Stranmillis College, 5 boat clubs (including multi-sport Belfast Boat Club), fitness clubs, Belfast Bike stop, plus numerous offices. The clubs and towpath host regular events, attracting a large number of visitors.

Stranmillis Fresh Foods is a well-established, profitable and much loved business in BT9. Operating for over 30 years, it supplies an extensive range of fruit, vegetables, baked goods, chilled goods and flowers. The store also serves as an Amazon collection point and can prepare food for customers. Open 7am to 6:30pm Mon-Sat, it attracts a steady flow of customers; has an enviable clientele base and a strong reputation with suppliers. The property brings with it a ten-year lease until 2028. Rent is £5,000 per quarter (£20,000 per annum) with rates of £4,195 per annum.

Therefore, total rent and rates are £24,195 per annum equivalent to £465 per week. In 2018, research showed that UK shoppers are buying more fresh produce than four years ago; an increase of 7.9%. Full audited accounts are available from Mon-Friday (10am-4:30pm) from Nichol Donnelly & Partners (Accountants); 222 Ormeau Road, Belfast, BT7 2FY.

Telephone: 02890646262. Price is upon application and consideration of the audited accounts and preference will be given to those that intend to continue the business in a similar format to that already established. ---------------------------------------------------------------------------------------------------------------------- Early viewing is highly recommended as we expect demand to be high, viewings are by appointment only so please contact us on 028 90 683 711 or email info@hustonestateagents.com Please do not forget to register on www.douglashuston.com to receive special offers and alerts on property as they come on to the market. 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 bills and proof of funds.