- Additional Information
- Share This Property
- Personal Notes
- Let to East Belfast Sure Start at a passing rent of ?20,000 pax.
- c.7 years unexpired lease term.
- The property extends to approximately 2,203 sqft (204.68 sqm) and occupies a highly prominent position on the main arterial route linking East Belfast
- Seeking offers in the region of ?230,000 exclusive, subject to contract which reflects a net initial yield of c. 8.48% after purchase costs of c. 2.50
The property occupies a highly prominent position on the Albertbridge Road, at its junction with Mount Pottinger Road and Castlereagh Street.
The Albertbridge Road is the main arterial route linking East Belfast with the City Centre which is only c.1500m away whilst Lanyon Place Rail Station is c. 750m from the property.
The property comprises a single storey former bank premises of block/brick construction with a flat roof and aluminium framed double glazed shopfront which has been converted to provide a children's day-care centre.
Internally it is arranged to provide two activity rooms, play room, office accommodation, kitchen, stores and WCs. Finishes include plastered/painted walls & ceilings, suspended ceilings with fluorescent lighting and carpet/laminate floor coverings. It benefits from gas heating with air-conditioning to the activity rooms.
The property provides the following approximate net internal area: 2,203 sqft (204.68 sqm).
The property is let on a Full Repairing basis to East Belfast Sure Start for a term of 10 years from 1st April 2017 at a rent of ?20,000 pax which is subject to an upwards only review on 1st April 2022.
East Belfast Sure Start (1 of 38 Sure Start Partnerships in N.I) who have been in occupation for c.18 years, is a Registered Charity & a Company Limited by Guarantee. Their primary source of funding is the Dept. of Education via the Health & Social Care Board.
Sure Start is a Government programme aimed at pre-school aged children and their families to promote all aspects of their development. Further information in respect of East Belfast Sure Start can be found on their website: www.eastbelfastsurestart.co.uk
Share this property
Add a personal note about this property
You can add your own personal notes about this property.
You can view all your notes by going to My PropertyPal.com.
You can remove this note at any time.
Notes can only be seen by you and any pals you have added, they cannot be viewed by the vendor or estate agent.
Are you selling this property?
Promote your listing on PropertyPal to get more exposure and put your property in front of the right people.
Not your property? Click here to search for your property.
Option 1: Featured Listing
Get one boost to the top of the search results every week for the duration of your order.
Additionally, your property appears as featured at the top of the search results on selected dates and locations.
Option 2: Premier Listing
Get an automatic boost to the top of the search results every week for the next 4 weeks.
Additionally, your property appears as enhanced with extra photos and a description for the lifetime of your listing.
Spotted a Problem? Even the best agents make mistakes, help us to maintain accurate property information on our listings. Report a problem »