5Th & 6Th Floors, Glengall Exchange, Glengall Street, Belfast BT12 5AB

Offers around £635,000
Offers around £635,000
Price Offers around £635,000
Style Offices
Status For sale
  • Additional Information
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Additional Information

Features

  • Two modern office suites
  • 5th floor suite is part tenanted, providing an income of £14,283 per annum from 2 tenants
  • 6th floor Penthouse suite with balcony / terrace and
  • excellent views
  • Comprises c. 5,200 sq ft in total
  • Centrally located area just off Great Victoria
  • Street
  • Excellent access to the M1 Motorway

Additional Information

The Suites are situated on the top floor’s of a 6 storey office building, benefitting from excellent views over Cave
Hill.
5th Floor comprises effectively 3 suites, two of which are currently occupied and under lease. They are mainly
cellular offices with a shared reception area and kitchen.
6th Floor is vacant and comprises a reception area / open plan office, boardroom, private office, storeroom and
kitchen.
In addition there is an external balcony/terrace area on the 6th floor.
The suites provide suspended ceilings with recessed lighting, plaster painted walls, carpet floors, perimeter
trunking, gas heating and air handling units.
In addition there are communal W.C.s on each floor, Lift access and an intercom entry system.

Accommodation

5th Floor - 2,650
6th Floor - 2,550
Total - 5,200

Tenants

There are currently 2 tenants occupying part of
the 5th floor.
The total income is £14,283 per annum with a
lease end of 28th February 2021 & 31st April
2021 respectively.

 Floor 5 (1)Floor 5(2)Floor 5 (3)Floor 6 
NAV£4,850£5,350£6,550£21,300
Rate in the £2018/190.06028030.06028030.06028030.0602803
Approximate Rates payable year 2018/19£2,936£3,225£3,949£12,840

Potential purchasers should make their own enquiries concerning rates.

Service Charge

A service charge will be levied to cover an appropriate proportion of the cost of external repairs and maintenance, building
insurance and upkeep of common areas.
The current service charge estimate for the year 2018/19 is c.
£8,100 for both floors.

Title

We understand the property is held by way
of a long leasehold interest with a nominal
ground rent.

VAT

All prices and outgoings are exclusive to but may be liable to
V.A.T.

Asking Price

Offers in excess of £635,000 exclusive

 

 

Directions

The subject property is situated on Glengall Street, located off Great Victoria Street, a prime city centre location
which benefits from excellent transport links, due to it’s close proximity to the Europa Bus/Train Station and can
easily be accessed from the Motorway networks via Grosvenor Road.
The property is adjoining the historic Grand Opera House and facing The Europa Hotel. The area will also see major
change over the next number of years with the new Transport Hub / Weavers Cross being constructed in close
proximity.
Other office occupiers in the vicinity include MKB Russells Solicitors, Alexander Mann Deloitte, Axiom Law and
various Government departments.

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Property Statistics

Total Views

(since advertised)

523

Listing Views

Date Views Unique Views Featured Published Bumped
24th Apr 1 1 No Yes No
25th Apr 6 6 No Yes No
26th Apr 4 4 No Yes No
27th Apr 7 7 No Yes No
28th Apr 5 5 No Yes No
29th Apr 6 6 No Yes No
30th Apr 3 3 No Yes No
1st May 2 2 No Yes No
2nd May 2 2 No Yes No
3rd May 9 9 No Yes No
4th May 5 5 No Yes No
5th May 6 6 No Yes No
6th May 7 7 No Yes No
7th May 5 5 No Yes No
8th May 3 3 No Yes No
9th May 11 11 No Yes No
10th May 4 4 No Yes No
11th May 3 3 No Yes No
12th May 9 9 No Yes No
13th May 3 3 No Yes No
14th May 1 1 No Yes No
15th May 4 4 No Yes No
16th May 2 2 No Yes No
17th May 5 5 No Yes No
18th May 6 6 No Yes No
19th May 7 7 No Yes No
20th May 1 1 No Yes No
21st May 4 4 No Yes No
22nd May 4 4 No Yes No
23rd May 4 4 No Yes No

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