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- Prominent premises on the ever popular Lisburn Road
- Ground Floor commercial unit extending to c.629 sq.ft
- Passing Rent £16,000 per annum exclusive
The subject property comprises an end terrace building incorporating a ground floor commercial unit with rear service area which is accessed via Ethel Street and a vacant garage to the rear.
The unit has been utilised as an estate agency office and incorporates carpet floor covering, air conditioning, suspended ceiling with recessed lighting, a kitchenette, rear office and staff W.C.
We have been advised by Land and Property Services of the following:
Net Annual Value: £11,100
Rate in the Pound 2019/2020: 0.614135
Estimated Rates Payable: £6,815 p.a.
The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable.
However; we recommend that you verify this with Land & Property Services.
D78. A copy of the EPC is available upon request.
Rent: Passing rent of £16,000 per annum exclusive.
Term: 5 years from 10th April 2016 expiring on 9th April 2021
The lease provides that the tenant pays a fair proportion of the insurance. The most recent premium was £350 per annum.
A copy of the lease is available on request.
ACCOMMODATION (All areas are approximate)
The Net Internal Area (NIA) of the subject premises is:
Retail Unit 42.87 sqm 461 sq ft
Office 2.51 sq m 135 sq ft
Kitchen 3.11 sqm 33 sq ft
Total Area c. 629 sq.ft
All prices, outgoings etc are exclusive of, but may be subject to VAT.
For more information or to arrange a viewing please contact:
7-11 Linenhall Street
028 9531 3122
Property Ref: RM0046
The Lisburn Road is located in the heart of the South Belfast an affluent residential area of Belfast. The local area is famed for its leafy suburbs, restaurants, bars and exclusive shopping boutiques some of which include The Albany, Oliver Bonas, The French Village and Fred J Malcolm’s.
The Lisburn Road is also a main aerial route between the city centre and the residential areas of Malone, South Belfast and leading to Lisburn.
The area is a short journey away from the city centre of Belfast and has a mixed demographic including large proportion of students living nearby and the more affluent Malone Road where 84% of the residents fall into the ABC1 social class.
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