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Marlborough House is a prestigious shop and office development occupying a highly prominent location on the Lisburn Road, which is widely regarded as one of South Belfast’s busiest arterial routes.
The suite is finished to a high specification to include carpeted floors, smooth plastered and painted walls, suspended ceiling with recessed strip fluorescent lighting and double glazed floor to ceiling height, windows.
5 or 10 years, subject to a rent review after 5.
£15,000 per annum, plus VAT, plus rates.
Repairs & Insurance:
Tenant responsible for internal repairs and to reimburse the Landlord with a fair proportion of the building insurance premium – Estimated at £600 per annum, plus VAT.
Levied to cover a fair proportion of the Landlord’s costs of external repairs, agent’s management fees, maintenance of communal areas and any other reasonable outgoings of the Landlord – Estimated at £2,625 per annum, plus VAT.
A security deposit amounting to 3 month rents will be required to be held by the Landlord, in case of default.
We are advised by Land & Property Services that the Rateable Value is £9,900.
Rate in £ 2019/20 = £0.6141
Estimated Rates payable = £6,080
Less 20% Small Business Rates
Relief = approx £4,865
The property is registered for VAT and acccordingly, VAT will be charged on the rent and all other outgoings.
For further details contact Barney Goan - Tel: 02890 500 100
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