215/ 215a Lisburn Road
Belfast
BT9 7EJ
Offers invited over: £250,000
FEATURES
* Investment property- retail and offices
* Prominent location on the Lisburn Road
* First and second floors refurbished to a high specification
* Good rental income
* Parking available directly outside the property
DESCRIPTION
These premises occupy a prominent location along the highly sought after Lisburn Road which is arguably Belfast’s premier suburban location. The Lisburn Road is regarded as being one of the leading commercial destinations in Belfast for office and retail use with excellent links to the M1 & M2 Motorways.
The property comprises superb retail accommodation on the ground floor which is currently let to a hair dressing salon producing a rental income of £12,000 per annum. The first and second floor offices have been refurbished to a high standard to include suspended ceilings, recessed lighting, wooden and carpet flooring and also benefits from own door access to the Lisburn Road. Ample on-street parking available directly outside the property and on adjacent streets.
The office accommodation is ready for immediate occupation and would be suitable for a range of uses subject to the necessary statutory planning requirements being obtained.
The entire property is available to purchase as part of an investment with the potential to increase the rental stream through the letting of the offices.
ACCOMMODATION
GROUND FLOOR:
ENTRANCE HALL
FIRST FLOOR
c.46.23 Sq M
c.497 Sq Ft
FRONT OFFICE
c.21 Sq M
c.226 Sq Ft
REAR OFFICE
c.10.23 Sq M
c.110 Sq Ft
RETURN OFFICE
c.15 Sq M
c.161 Sq Ft
TOTAL
c.92.46 Sq M
c.994 Sq Ft
SECOND FLOOR
FRONT OFFICE
c.19.68 Sq M
c.212 Sq Ft
REAR OFFICE
c.9.24 Sq M
c.99 Sq Ft
W.C.
KITCHEN
c.11.47 Sq M
c.123 Sq Ft
TOTAL
c.40.39 Sq M
c.434 Sq Ft
TOTAL NIA
c.86.5 Sq M
c.931 Sq Ft
LEASE DETAILS
215 Lisburn Road, Belfast
TERM: 3 years remaining on lease
RENT: £12,000 per annum
REPAIRS & INSURANCE:
Tenant will be responsible for internal repairs and reimbursing to the landlord a fair proportion of the insurance premium.
NAV: We are verbally informed by the Valuation & Lands Agency that the NAV is £7,450. Rate in the £ for 2011/ 2012 is 0.577995. Therefore rates payable are £4,306.06.
VAT: All prices are quoted exclusive of VAT, which may be chargeable.
215a Lisburn Road, Belfast
TERM: Negotiable
RENT: £9,000 per annum
REPAIRS: The tenant will be responsible for internal repairs.
INSURANCE: The Landlord will insure the property and recover a fair proportion of the cost from the tenant.
NAV: We are verbally informed by the Valuation & Lands Agency that the NAV is £6,900. Rate in the £ for 2011/ 2012 is 0.577995. Therefore rates payable are £3,988.17.
SALES DETAILS
OFFERS AROUND: £250,000
TITLE: Assumed Freehold
VAT: All prices and outgoings quoted are exclusive of, but may be liable to VAT at the passing rate.
JOINT AGENTS: Ardmore Commercial - 028 9066 2299