Investment Property

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Additional Information
- The property occupies a highly prominent and central location on High Street.
- Mixed-use office and retail building extending to approximately 17,681 sq ft.
- WAULT of 3.96 years to lease expiry and 3.19 years to break.
- Over 87% of the income derived from offices.
- Gross income of £284,500 per annum and a net income of £255,407 per annum.
- Over 72% of the gross income secured against tenants of minimum/low risk.
- Held Freehold.
St Georges building is a prominent mid-terrace commercial building of traditional masonry construction with a mansard style roof with dormer windows. The property extends to 17,685 sq ft in total over ground, first, second and third floors.
Designed in 1881 by Thomas Jackson and Son in Italianate style, the property is listed B1 under reference HB26/50/188. The property underwent extensive refurbishment in 2019 by the current vendors.
The façade is finished in painted white render with contrasting dark architectural detailing. At ground floor level, the building accommodates two retail/commercial units across 2,508 sq ft and benefits from extensive frontage and display glazing, enhancing visibility and accessibility.
Directions
The property is situated on one of Belfast's busiest thoroughfares and benefits from substantial pedestrian and vehicular traffic throughout the day.
The immediate area is characterised by a diverse
Location
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