Covid-19 House Viewing Guidelines The process for viewing properties in Northern Ireland has changed following Covid-19. Please read the guidelines before arranging a viewing

98 University Street, Belfast BT7 1HE

Offers over £97,500

Office For Sale

Offers over £97,500

Office For Sale

Price Offers over £97,500
Style Office
Status For sale

Contact the Agent

Riddell McKibbin Limited

  • Additional Information
  • Share This Property
  • Personal Notes
  • Similar Properties

Additional Information

Features

  • A Modern Ground Floor Office Investment
  • Let until 28th Dec 2024
  • Currently let at £8,304 p.a exclusive
  • Seeking offers in excess of £97,500 exclusive reflecting a G.I.Y of 8.52%

Additional Information

DESCRIPTION

The subject is a ground floor own door office suite benefiting from a glazed office front secured by an electric roller shutter and alarm system.

The accommodation is fitted to a good specification to include a combination of carpets & anti-slip floor coverings, perimeter trunking, plaster and painted walls, suspended ceiling with recessed lighting, Air Conditioning (Heating & Cooling) & GFCH, kitchen and WCs.

 

TENANCIES

The property is currently let to Transgender NI on an Internal Repairing lease from 1st January 2020 until 28th December 2024. The passing rent is £8304 p.a exclusive of VAT.

 

The lease allows for the recovery of the fair proportion of the building Insurance and annual Service Charge to cover external repairs, maintenance & management of the common parts of the building. The current annual Insurance & Service Charge cost is £537.84 p.a

 

 

RATEABLE VALUE

NAV: £7,650

Rate in £ (2020-2021): 0. 538166

Estimated Rates Payable 20/21: £4,117 per annum.

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.

 

 

TITLE

We understand that the property is held Freehold/Long-Leasehold.

 

 

ACCOMMODATION (All areas are approximate)

We have calculated the approximate Net Internal Areas to be as follows:

 

Front Office / Community Hub 398 sq.ft (36.93 sq.m)

Rear Office 168 sq.ft (15.57 sq.m)

Stores 23 sq.ft (2.14 sq.m)

Kitchen 44 sq.ft (4.06 sq.m)

W.Cs - -

Total 633 sq.ft (58.70 sq.m)

 

 

PRICE

We are seeking offers in excess of £97,500 exclusive.

 

 

VAT

The property has been elected for VAT. It is envisaged the transaction will be treated as a TOGC.

 

EPC

D97 - A copy of the EPC is available upon request.

 

FURTHER INFORMATION
For more information or to arrange a viewing please contact:

Mark Riddell
07920 186523
[email protected]


Martin McKibbin
07715 269699
[email protected]

 

Riddell McKibbin
3rd Floor
7-11 Linenhall Street
Belfast
BT2 8AA
028 9531 3122
www.riddellmckibbin.com

Property Ref: RM0062

 

 

Riddell McKibbin Limited for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; i) these particulars are given without responsibility of Riddell McKibbin Limited or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Riddell McKibbin Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Riddell McKibbin Limited has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Riddell McKibbin Limited will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.

 

Directions

DIRECTIONS

University Street links the Ormeau Road with University Road and runs through the heart of the University area in South Belfast. The subject property occupies a prominent position on University Street located between Eblana Street & Canterbury Street in close proximity to Queens University.

Surrounding occupiers include Estate Agents, Solicitors, Architects, the Holiday Inn Hotel and a range of retailers and restaurants on Botanic Avenue and University Road.

Share this property

Email this property to your friends

Please check you have entered all details correctly:

Good Work!

Your email is winging its way to

Personal Notes

Add a personal note about this property

Please or sign up to add notes to this property.
About Personal Notes

You can add your own personal notes about this property.

You can view all your notes by going to My PropertyPal.com.

You can remove this note at any time.

Notes can only be seen by you and any pals you have added, they cannot be viewed by the vendor or estate agent.

Similar Properties

Property Statistics

Total Views

(since advertised)

585

Listing Views

Date Views Unique Views Featured Published Bumped
26th Oct 9 9 No Yes No
27th Oct 15 15 No Yes No
28th Oct 6 6 No Yes No
29th Oct 13 13 No Yes No
30th Oct 5 5 No Yes No
31st Oct 11 11 No Yes No
1st Nov 13 13 No Yes No
2nd Nov 6 6 No Yes No
3rd Nov 11 11 No Yes No
4th Nov 12 12 No Yes No
5th Nov 12 12 No Yes No
6th Nov 8 8 No Yes No
7th Nov 7 7 No Yes No
8th Nov 14 14 No Yes No
9th Nov 17 17 No Yes No
10th Nov 9 9 No Yes No
11th Nov 8 8 No Yes No
12th Nov 11 11 No Yes No
13th Nov 12 12 No Yes No
14th Nov 9 9 No Yes No
15th Nov 10 10 No Yes No
16th Nov 6 6 No Yes No
17th Nov 13 13 No Yes No
18th Nov 12 12 No Yes No
19th Nov 7 7 No Yes No
20th Nov 5 5 No Yes No
21st Nov 6 6 No Yes No
22nd Nov 1 1 No Yes No
23rd Nov 3 3 No Yes No
24th Nov 3 3 No Yes No

Are you selling this property?

Promote your listing on PropertyPal to get more exposure and put your property in front of the right people.

Not your property? Click here to search for your property.

Option 2: Premier Listing

Get an automatic boost to the top of the search results every week for the next 4 weeks.

Additionally, your property appears as enhanced with extra photos and a description for the lifetime of your listing.

£49

Spotted a Problem? Even the best agents make mistakes, help us to maintain accurate property information on our listings.  Report a problem »

Back to top