Price £450,000
Style Commercial Property
Status For sale
  • Additional Information
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Additional Information

Features

  • Occupying a prominent position on High Street, Holywood, one of Greater Belfast's most sought after retail destinations.
  • Extending to approximately 2,697 sqft (250.51 sqm).
  • Fully let at a rent of �30,000 pax, increasing to �32,500 pax in November 2018 and �35,000 paxin November 2020.

Additional Information

Location
Holywood is an attractive commuter town situated approx. 6 miles east of Belfast with a resident population of c. 12,000 people and an extensive affluent catchment population.

With a strong mix of both national and local niche retailers and boutiques, neighbouring occupiers include Progressive, Subway, Coffee Yard, Solo Hair & Centra.

The property is located in a prime position in the town and benefits from a high volume of passing footfall and vehicular traffic.

Description
The property comprises a single storey premises of brick/blockwork construction with marble effect tile cladding and glazed shopfront to the front elevation and a part pitched/part flat roof.

Internally it is arranged to provide modern retail accommodation, caf� counter & seating area, ancillary prep room and store, office and wcs. Finishes include plastered & painted/feature walls, solid floors with laminate covering, suspended ceilings with LED strip & spot lighting and air-conditioning.

Tenancy Details
Let on a Full Repairing & Insuring basis to NI Approach Ltd t/a Ferguson Flowers for a term of 10 years from 27th November 2017, subject to a 5 yearly upwards only rent review.

There is also a tenant only break option on the 26th November 2022.

The rent is stepped over the first five years of the term as follows:
Year 1: �30,000 pa exclusive.
Years 2 & 3: �32,500 pa exclusive.
Years 4 & 5: �35,000 pa exclusive.


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Property Statistics

Total Views

(since advertised)

750

Listing Views

Date Views Unique Views Featured Published Bumped
21st Feb 2 2 No Yes No
22nd Feb 10 10 No Yes No
23rd Feb 5 5 No Yes No
24th Feb 1 1 No Yes No
25th Feb 3 3 No Yes No
26th Feb 0 0 No Yes No
27th Feb 4 4 No Yes No
28th Feb 7 7 No Yes No
1st Mar 1 1 No Yes No
2nd Mar 0 0 No Yes No
3rd Mar 0 0 No Yes No
4th Mar 1 1 No Yes No
5th Mar 1 1 No Yes No
6th Mar 2 2 No Yes No
7th Mar 3 3 No Yes No
8th Mar 0 0 No Yes No
9th Mar 1 1 No Yes No
10th Mar 2 2 No Yes No
11th Mar 0 0 No Yes No
12th Mar 1 1 No Yes No
13th Mar 3 3 No Yes No
14th Mar 2 2 No Yes No
15th Mar 2 2 No Yes No
16th Mar 0 0 No Yes No
17th Mar 1 1 No Yes No
18th Mar 2 2 No Yes No
19th Mar 1 1 No Yes No
20th Mar 2 2 No Yes No
21st Mar 3 3 No Yes No
22nd Mar 3 3 No Yes No

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