Price £750,000

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6-8 Greenwood Avenue

Ballyhackamore, Belfast, BT4 3JJ

Office (5,699 sq ft)

Office

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Marketed by Cushman & Wakefield

+44 28 9023 3455

Property Information

Size:

529.5 sq m (5,699 sq ft)

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Additional Information
  • Attractive Period Office Property c.2,914 sq.ft with ample parking
  • Warehouse to rear c. 2,785 sq.ft
  • Site extends to c.0.30 acres
  • May be suitable for a range of uses (STPP)
  • Situated in the highly popular Ballyhackamore Area
  • Guide Price £750,000 exclusive

The property comprises a period style semi-detached building with double bay windows, a two storey return and single storey extension to the front of the building.

The premises have most recently been used as consulting rooms and an adjoining warehouse. Internally the consulting rooms are finished to a good standard with marble floor tiles in the entrance hall, with a mix of tiled, wooden and carpet flooring throughout, plastered and painted walls, recessed spotlights, fluorescent strip lighting and suspended ceilings. The overall site extends to c.0.30 acres and currently provide ample parking.

The premises may be suitable for a range of uses Subject to the necessary consents

Development Potential
The property offers obvious development potential for various uses, such as an apartment scheme, see indicative scheme to the rear of the brochure.

The property is located on Greenwood Avenue within the popular Ballyhackamore area of East Belfast. Ballyhackamore exhibits a mix of retail, offices, restaurants and residential housing.

This highly popular residential location is complimented by a wide range of shops, eateries, and excellent transport links via the Glider Service into Belfast City Centre (c.3 miles) and also out to Dundonald and the Ulster Hospital via the Stormont Estate.

Greenwood Avenue has a mix of residential and commercial uses; occupiers include Kids Korner Day nursery, Greenwood Primary, Greenwood Assessment Centre, Samuel Stevenson Architects and apartments at Greenwood Manor.

Tenure
We have assumed that the property is held under freehold / long leasehold and is free from any onerous or restrictive covenants.

Offices NAV: £19,000 Rate in £ (26-27): 0.650288
Estimated Rates Payable: £12,355 p.a

Warehouse NAV: £7,000
Rate in £ (26-27): 0.650288
Estimated Rates Payable: *£4,552 p.a

*The warehouse may benefit from small business rating relief which would result in a further 20% discount to the rates payable. However, please seek confirmation from LPS on this matter.

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