520 Shore Road, Belfast, County Antrim, BT15 4HF

For Sale Offers in the region of £950,000 Convert to EUR

Key Information

Property Type: Investment Price: Offers in the region of £950,000 Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: 142

For more information on this property call 028 9032 7954 or Email Agent

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Lambert Smith Hampton

4-10 May Street, Belfast, BT1 4NJ

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    Property Description

    Investment summary

    * Fully let industrial building extending to approx. 18,518 sq ft (c.1,687 sq m) GIA.
    * Let in its entirety to Northstone (NI) Limited until February 2024.
    * Current passing rent £81,000 per annum, exclusive.
    * The investment provides an unexpired lease term of approximately 6.5 years.
    * Set on self-contained site of c.0.6 acres with car parking to front.
    * Prominent frontage onto Shore Road of approximately 72 m.
    * We are seeking offers in the region of £950,000 exclusive, reflecting a net initial yield of c.8.07%, after deducting standard purchasers costs.

    Location of 520 Shore Road, Belfast

    Belfast is the capital of Northern Ireland and the commercial centre for a population in the region of 500,000 persons. The city benefits from good communication links with the remainder of the province via the M1 and M2 Motorway network and public rail systems. The city is located approximately 100 miles north of Dublin and 70 miles south east of Londonderry. Belfast benefits from two airports in George Best Belfast City Airport, some 2 miles east of the city centre and Belfast International Airport, some 17 miles to the north east. The city has four railway stations with a Belfast to Dublin travel time of less than 2 hours.

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    Lambert Smith Hampton

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