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Three storey commercial premises occupying a prime location on the busy Stranmillis Road and comprising approximately 149 m2 (1,607 ft2), net internal area, with site area of approximately 94 m2 (1,000 ft2).
It benefits from high footfall and other retailers nearby include a Centra convenience store, Subway, Winemark, Sinnamon coffee shop, Stranmillis Pharmacy and many smart restaurants and cafés.
The Stranmillis “village” area is approximately 1¼ miles south of Belfast city centre, is popular with young professionals and students due to its close proximity to QUB, Methodist College, Lyric Theatre, Queen’s PEC, Stranmillis Training College, Botanic Gardens and Belfast City Hospital.
The premises is currently let to the Clements Coffee Company Ltd until 31.12.19 when a new owner could refurbish the property and increase the size of the ground floor premises.
Value Cabs lease the upper floors for 5 years from 10.11.17.
REPAIRS & INSURANCE
Under the terms of the Leases the tenants are responsible for internal repairs, a service charge to cover the Landlords costs of external repairs and the costs of the Buildings Insurance Premium.
The Land & Property Service advise that the Rateable Values are
Ground Floor Restaurant £11,000
First & Second Floor Offices £ 5,350
Long Leasehold, for a term of 800 years from 1st August 1970, subject to an annual ground rent of £15.
The premises is not registered for VAT and accordingly VAT will not be charged on the purchase price.
Offers in the region of £250,000
For further details contact Barney Goan - Tel: 02890 500 100
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