Price £450,000
Style Commercial Property
Status For sale
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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)

220

Listing Views

Date Views Unique Views Featured Published
17th Sep 0 0 No No
18th Sep 0 0 No No
19th Sep 0 0 No No
20th Sep 0 0 No No
21st Sep 0 0 No No
22nd Sep 20 20 No Yes
23rd Sep 13 13 No Yes
24th Sep 43 43 No Yes
25th Sep 5 5 No Yes
26th Sep 5 5 No Yes
27th Sep 8 8 No Yes
28th Sep 7 7 No Yes
29th Sep 9 9 No Yes
30th Sep 8 8 No Yes
1st Oct 11 11 No Yes
2nd Oct 5 5 No Yes
3rd Oct 5 5 No Yes
4th Oct 3 3 No Yes
5th Oct 7 7 No Yes
6th Oct 3 3 No Yes
7th Oct 3 3 No Yes
8th Oct 7 7 No Yes
9th Oct 6 6 No Yes
10th Oct 10 10 No Yes
11th Oct 8 8 No Yes
12th Oct 11 11 No Yes
13th Oct 3 3 No Yes
14th Oct 4 4 No Yes
15th Oct 9 9 No Yes
16th Oct 7 7 No Yes

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