Adelaide Business Centre, Apollo Road, Belfast, BT1 2HP

For Sale Offers in the region of £1,250,000 Convert to EUR

Key Information

Property Type: Investment Price: Offers in the region of £1,250,000 Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: -

For more information on this property call 028 9043 8555 or Email Agent

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The Linenhall, Belfast, BT2 8BG

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    Property Description

    The property consists of a commercial complex comprising a two-storey office building fronting onto

    a car park overlooking Apollo Road, behind which sits two rows of warehouse units. The warehouses

    initially provided seven units on either side and are separated from one another by a central corridor

    void which in turn facilitates access to additional office units at the end of each warehouse unit.

    The offices are constructed around a steel frame with profiled metal cladding to the external leaf. The

    warehouse units are constructed of a steel frame with brick and block walls. Each warehouse unit has

    a full height roller shutter door.

    The accommodation is sub divided into 46 no. units (14 warehouse units and 32 office units) totalling

    45,990 sq ft (18,925 sq ft warehouse and 27,065 sq ft office). The property is currently c.57%

    (26,224 sq ft) occupied, c.43% (27,065 sq ft ) vacant and in need of some refurbishment. Tenants

    include We Buy Any Car, Clear Pharmacy, Irish Football Association and Signature Works.

    196 no. car parking spaces are marked out at the property and only 19 are dedicated.

    The current gross rent is £104,422 per annum. The property offers significant asset management

    opportunities, if all the office space was let at £10 psf and all warehouse space was let at £4 psf

    the rent would be c.£328,000 per annum (potential purchasers to satisfy themselves on potential

    rental rates achievable). Please note the current service charge is £2.15 psf and the current insurance

    premium is £0.12 psf.

    Copy detailed tenancy schedule, service charge schedule and floor plans are available from the selling


    Please note all measurements are provided on a gross internal basis although many units have been

    altered internally by various tenants. Perspective purchasers should satisfy themselves on existing

    layout and net measurements.

    Location of Adelaide Business Centre, Apollo Road, Belfast

    The property is situated on the Apollo Road, just off the Boucher Road c.2.1 miles south west of Belfast City Centre. Boucher Road consists of retail, warehouse, office, tradecounter and car showroom uses. Occupiers in the immediate area include M&S Simply Food, Chain Reaction Cycles, Charles Hurst, Home Bargains, Lakeland, DW Sports Fitness and Harvey Norman.

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