Merchant Square, 12-14 Wellington Place,
Belfast, BT1 6GE
Retail Unit (2,717 sq ft)
Price £72,500 per year
Contact Colliers
+44 28 9024 1500
Property Overview
Status
To Let
Style
Retail Unit
Available From
Now
Property Features
Size
252.4 sq m (2,717 sq ft)
Energy Rating
Property Financials
Rent
Price £72,500 per year
Rates
Paid by Tenant
Property Engagement
Views All Time
79
DESCRIPTION
The subject property benefits from a glazed frontage and internally it may be handed over as is or to a shell specification, to be agreed. The unit is suitable for a variety of retail and commerical uses subject to any required statutory planning consents.
LOCATION
The subject property occupies a prominent position on Wellington Place in Belfast City Centre, directly adjacent to Merchant Square. Belfast has an estimated shopping catchment of approximately 1 million people within a 20-minute drive-time of the City Centre. Merchant Square accommodates PWC’s largest office outside of London providing over 200,000 sq. ft. of office space for approximately 3,000 employees.
Extensive student accommodation is located nearby including Swanston House, John Bell House and the Elms providing over 2,000 beds to meet the increase in demand for Queens University Belfast and the new University of Ulster Belfast Campus.
Occupiers within the building include PWC, Pronuptia, Home, Stix and Stones, Stix and Stones butchery and deli and Urban Fresh.
ACCOMMODATION
Floor Sq Ft Sq M
Ground 2,717 252.4
LEASE DETAILS
Rent: £72,500 per annum exclusive
Term: Subject to negotiation
The space will be offered on effective Full Repairing and Insuring terms via service charge.
RATEABLE VALUE
We are advised by Land & Property Services that the Net Annual Value of the Property is £55,800. The current commercial rate in the point is £0.626592 (2025/26). Therefore, the rates payable for 2025/2026 are estimated to be £34,963.83.
Interested parties are advised to make their own enquiries in respect of rates.
VAT
All prices and outgoings are exclusive of VAT, which is chargeable.
SERVICE CHARGE
A service charge will be levied to cover a fair proportion of the cost of external repairs and maintenance, security and upkeep of common areas, management etc. Current year estimate £3.10 psf + VAT.
INSURANCE
An incoming tenant will be responsible for reimbursing a fair proportion of the landlord’s building insurance premium.
