For Rent

425 Lisburn Road, Belfast, BT9 7EW

Annually

£16,000

Photo 1 of 3
Retail
D 78
EPC Rating

Location of 425 Lisburn Road

LOCATION The Lisburn Road is located in the heart of the South Belfast an affluent residential area of Belfast. The local area is famed for its leafy suburbs, restaurants, bars and exclusive shopping boutiques some of which include The Albany, Oliver Bonas, The French Village and Fred J Malcolm’s. The Lisburn Road is also a main aerial route between the city centre and the residential areas of Malone, South Belfast and leading to Lisburn. The area is a short journey away from the city centre of Belfast and has a mixed demographic including large proportion of students living nearby and the more affluent Malone Road where 84% of the residents fall into the ABC1 social class.

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features

  • To Let (By way of sublet or assignment)
  • Prominent premises on the ever popular Lisburn Road
  • Ground Floor commercial unit extending to c.629 sq.ft
  • Passing Rent £16,000 per annum exclusive

description

DESCRIPTION


The subject property comprises an end terrace building incorporating a ground floor commercial unit with rear service area which is accessed via Ethel Street and a vacant garage to the rear.


The unit has been utilised as an estate agency office and incorporates carpet floor covering, air conditioning, suspended ceiling with recessed lighting, a kitchenette, rear office and staff W.C.

 


RATES
We have been advised by Land and Property Services of the following:
Net Annual Value: £11,100
Rate in the Pound 2019/2020: 0.614135
Estimated Rates Payable: £6,815 p.a.

The property should benefit from the Small Business Rates Relief Scheme, which would provide an occupier with a 20% reduction in rates payable.

However; we recommend that you verify this with Land & Property Services.

 


EPC


D78. A copy of the EPC is available upon request.


LEASE DETAILS
Rent: Passing rent of £16,000 per annum exclusive.

Term: 5 years from 10th April 2016 expiring on 9th April 2021

Repairs: Effective FRI

The lease provides that the tenant pays a fair proportion of the insurance. The most recent premium was £350 per annum.

A copy of the lease is available on request.

 

ACCOMMODATION (All areas are approximate)


The Net Internal Area (NIA) of the subject premises is:


Retail Unit 42.87 sqm 461 sq ft
Office 2.51 sq m 135 sq ft
Kitchen 3.11 sqm 33 sq ft

Total Area c. 629 sq.ft


VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT.

 

 

FURTHER INFORMATION
For more information or to arrange a viewing please contact:

 

Mark Riddell
07920 186523
mark@riddellmckibbin.com

 


Martin McKibbin
07715 269699
martin@riddellmckibbin.com

 

 

 

Riddell McKibbin
3rd Floor
7-11 Linenhall Street
Belfast
BT2 8AA
028 9531 3122
www.riddellmckibbin.com

Property Ref: RM0046

 

 

Riddell McKibbin Limited for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; i) these particulars are given without responsibility of Riddell McKibbin Limited or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Riddell McKibbin Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Riddell McKibbin Limited has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Riddell McKibbin Limited will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.

Property Costs

  • Status: For Rent
  • Annually£16,000

Contact Agent

Riddell McKibbin
3rd Floor

Other costs to budget for

Wilson Nesbitt Solicitors

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