Retail
Size:
72.9 sq m (785 sq ft)
Property Highlights Occupying a highly prominent and accessible position on the Ormeau Road close to Ormeau Park. Fitted unit within the prestigious Bakery development extending to approx. 785 Sq Ft (72.93 Sq M). Lay-by car parking to the front. Immediately available.
A modern ground floor fitted retail unit configured to provide open plan retail sales with WC facilities located to the rear and features such as an aluminium framed glazed shopfront and electric roller shutter. The premises benefit from lay-by car parking to the front and are serviced from the rear via a service corridor.
Passing Rent: £20,000 pax, subject to contract.
The Ormeau Road is a main arterial route in southeast Belfast connecting the city centre to the A55 Outer Ring and is well served by public transport. The highly sought after suburb comprises high value residential properties and an array of commercial uses such as retail, office and F&B. The premises form part of the prestigious Bakery development and occupy a prime position on the Ormeau Road close to Ormeau Park benefiting from high volumes of pedestrian and vehicular traffic. Occupiers within the terrace include Centra, Tesco Express, General Merchants, Neptune and Madame PHO.
10 years from 07/05/2025.
Repairs: Effective Full Repairing terms. Tenant Break Option: On the 5th anniversary of the Term.
Rent Review: On every 5th anniversary of the Term, upwards only to the open market rent.
Service Charge: Approx. £740 pax Buildings Insurance: Approx. £200 pax The Landlord may consider proposals for a new lease. Non Domestic Rates NAV = £15,900 Rates Payable 2025/26 = c. £9,963 VAT We are advised that the property is elected for VAT.
The premises provides the following approximate internal area: Ground Floor - 785 Sq Ft (72.93 Sq M)
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