Lesley Exchange 1, East Bridge Street, Belfast, Antrim, BT1 3PH

For Sale Maximum Reserve £3,150,000 Convert to EUR

Key Information

Property Type: Office Price: Maximum Reserve £3,150,000 Convert to EUR
Bedrooms: - Offer Status: For Sale
Receptions: - EPC Rating: 59

Auction Information for this property

To be auctioned at Clayton Hotel Belfast on 23rd June 2017 at 11:00 am

For more information on this property call 028 9027 0000 or Email Agent

Contact the Agent

Osborne King

The Metro Building, Belfast, BT1 5JA

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    Features of this property

    • LOT 32
    • TO BE SOLD AT PUBLIC AUCTION - FRIDAY 23RD JUNE 2017 AT 11.00AM IN THE CLAYTON HOTEL, ORMEAU AVENUE, BELFAST
    • MAXIMUM RESERVE - £3,150,000
    • Reversionary government let office investment
    • Current passing rent £250,766 per annum
    • Modern building extending to c. 1,697 sq m (18,263 sq ft)
    • Net initial yield 7.48% after costs

    Property Description

    The property comprises a five storey single-let office building of steel frame construction and finished to a bright and modern standard throughout to include raised access carpeted floor, plastered and painted walls, suspended ceilings incorporating recessed spot lighting and air handling. The accommodation also benefits from a roof terrace located off the 4th floor providing excellent views over the River Lagan and beyond.

    The reserve figure reflects an attractive net initial yield of 7.48% after allowing for purchasers costs at 6.47%. 1,697 sq m (18,263 sq ft) over 5 floors

    17 on-site car parking spaces

     

    EPC C59

    Location of Lesley Exchange 1, Belfast

    The property is located in Mays Meadow on the eastern fringe of Belfast City Centre between East Bridge Street and the River Lagan. Neighbouring occupiers include Abbey National Call Centre, PriceWaterhouseCooper and St George"s Wharf apartment development with Central Train Station directly opposite.

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    Contact the Agent

    Osborne King

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