1B & 2 Antrim Road Plaza, 471-473 Antrim Road, Belfast BT15 5BP

Additional Information

Modern retail and apartment development occupying a prime location fronting a main arterial route in North Belfast, these 2 shops are situated in a block of 6 retail units adjacent to an Iceland supermarket.

Other retailers nearby include a drycleaners, a pharmacy, a “Polita” convenience store, Concern Worldwide charity shop, the NI Hospice, two petrol filling stations and a Tesco supermarket.

The shops benefit from shared use of a generous car park for approx. 33 vehicles fronting the Antrim Road.

Suitable for a variety of retail and other uses, subject to any necessary planning consents.

LEASE DETAILS

Term:

10 years subject to a rent review after 5.

Rents:

Shop Unit 1b - £14,000 p.a.

Shop Unit 2 -   £16,000 p.a.

plus VAT, plus rates.

Repairs & Insurance:

Tenant responsible for internal repairs and reimbursement of a fair proportionate of the building insurance premium to the landlord.  Insurance premium is estimated at £350 per shop, per annum, exclusive.

Service Charge:

A service charge will be levied to cover external repairs, cleaning and lighting of common areas, together with agent’s management fees.  Estimated at £1,500 per shop, per annum, exclusive.

SECURITY DEPOSIT

A security deposit amounting to one quarter’s rent will be held by the Landlord as security in case of default. Alternatively the Landlord may consider a guarantor.                                                         

RATES INFORMATION

We are advised by Land & Property Services that the NAV is £13,200 for Shop 1b and £15,000 for Shop 2.

Rate in £ 2020/21    =  0.5381

Rates payable 20/21 = approx £5,680 for Shop 1b and £6,460 for Shop 2.

Note: Tenants have a rates holiday for the current financial year up until March 2021.

For further details contact Barney Goan Tel:  02890 500 100