49 -51 Donegall Place & 42-46 Fountain Street, Belfast, BT1 5AW
Price Not Provided
Description & Features
- Prominent mixed-use office and retail building extending to c.68,534 sq. ft.
- Over 86% of the gross income secured against tenants of minimum/low risk.
- 68% of income derived from offices.
- WAULT of 4.57 years to lease expiry and 2.24 years to break.
- Tenants include DV8, Waterstones, ESO Solutions & A&L Goodbody.
- Gross income of £893,251 per annum and a net income of £885,077 per annum.
- Tenure 950 year long leasehold title at peppercorn rent.
The property comprises mixed use office and retail accommodation over six floors, extending to approximately 68,534 sq. ft. The ground floor comprises two retail units currently occupied by DV8 and Waterstones. DV8 benefits from extensive frontage on to Donegall Place whilst Waterstones benefits from frontage onto Fountain Street. Waterstones also features an in-house Ground Espresso Cafe located on the first floor, which further attracts increased footfall. Both units benefit from a high level of pedestrian footfall.
The office accommodation dominates the upper floor use extending to 48,724 sq. ft over part first to sixth floor. Access to the office accommodation is via a dedicated entrance off Fountain Street which benefits from a refurbished lobby, 2 passenger lifts, and a stairwell providing access to each floor. The reception is modern, bright and spacious. The office suites benefit from an abundance of natural light due to significant glazing to each elevation as well as the int
Housing Tenure
Type of Tenure
Not Provided
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Price Not Provided