Ground, 416-418 Ormeau Road

This attractive ground floor retail/office is situated on a prominent corner site, on the end of a commercial block of properties.

Ormeau Road is a very busy thoroughfare on which the building enjoys a good location on the city site of Forestside shopping centre 

The accommodation is available for immediate occupation

ACCOMMODATION
Comprising ground floor office/retail area.    Premises benefit from gas fired central heating, suspended ceiling and lighting, plastered and painted walls.

Ground floor
40.95 m2 (441 ft²) approx
Currently open plan.

TOTAL:  40.95 m² (441 ft²) approx

TOILETS
WC on ground floor level

LEASE DETAILS

TERM
Five years or longer by negotiation

RENT
£12,500 per annum + VAT plus rates

NAV
We are verbally advised by the Valuation and Lands Agency that the NAV of the property is as follows:

Ground Floor Office:    £9,400

The rate in the £ 2026/2027 is 0.650288

The estimated non domestic rates bill is:

 £4,890.40 per annum 

This is after applying the Small Business Rates relief scheme discount.

RATES ADDENDUM:
A 25% discount is available for the 2026/27 tax year under the small business rates relief scheme meaning the rates payable for that period would be reduced  from the £6,113 to the aforementioned £4,890.40 approximately.

VAT
Shall be charged on rent and outgoings

REPAIRS
The tenant shall be responsible for all repairs

INSURANCE
Tenant responsible for repayment of their share of building insurance premium.

SECURITY
Electric shutter

VIEWING
Strictly by appointment with Macfarlane & Smyth.
For further details please contact Andrew Smyth or David Smyth.