Price £185,000

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131 Ravenhill Road

Belfast, BT6 8DR

Investment Property

Investment Property

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Marketed by Cushman & Wakefield

+44 28 9023 3455

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Additional Information
  • Located on the bustling Ravenhill Road circa 1 mile east of Belfast City Centre.
  • Prominent three storey end terrace building comprising retail and residential uses.
  • Ground floor retail unit extending to c. 372 Sq Ft (34.56 Sq M) trading as Traditional Turkish Barber.
  • Two bed duplex apartment arranged over first and second floors accessed off Carrington Street.
  • Producing a rental income of £14,560 pax.

Prominent three storey end terrace building of a traditional masonry construction beneath pitched slate and flat roofs with two enclosed yards. The façade is finished in facing brick with the side and rear elevations finished in a painted render.
The ground floor retail unit is fully fitted providing open plan retail sales with WC facilities situated to the rear. The premises benefit from an aluminium framed glazed shopfront, an electric roller shutter and can be serviced off Carrington Street.
The duplex apartment, accessed off Carrington Street, is arranged over first and second floors. A living room, kitchen and bathroom are located at first floor level with two double bedrooms at second floor level. The living room benefits from excellent natural light through large UPVC double glazed windows. The kitchen contains high and low level units, sink, electric oven, hob, cooker hood and a gas boiler. The bathroom provides a WC and WHB with an electric shower over the bath. The bedrooms have plastered/painted walls and ceilings and laminate floor coverings.

The subject property is situated on the Ravenhill Road at its junction with Carrington Street close to Ormeau Embankment approximately 1 mile east of Belfast City Centre. Neighbouring commercial occupiers include Spar, Russell’s, Ravenhill Interiors, McKeown & Co. Solicitors, Boyle Sports, Martin Phillips Carpets and Screwfix.
The Ravenhill Road is a main arterial route in east Belfast connecting the Short Strand and Bridge End areas to the Ormeau Road and A55 Outer Ring benefitting from high volumes of vehicular and pedestrian traffic and being well served by public transport.
The locality is generally characterised by high density housing and benefits from a range of amenities.

A tenancy schedule is provided in the marketing particulars appended.
The retail element has been occupied as a barber shop for 10+ years.
There is a small store situated to the very rear of the property which was retained by the Vendor and currently does not form part of either lease.
A copy of the two leases can be provided to bona fide parties.

A schedule of accommodation is provided in the marketing particulars appended.

Assumed Freehold or Long Leasehold, subject to a nominal ground rent.

Non-Domestic: Rates payable 2026/27 are £1,821 (£1,366 after Small Business Rates Relief).
The tenant is responsible for the payment of non-domestic rates.
Domestic: Rates payable 2026/27 are £653 (excluding any reliefs that may be available to a landlord).

£185,000 exclusive, subject to contract.

We are advised that the property is not elected for VAT.

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