Location

The subject property is located on the main Sydenham Road close to its junction with Dee Street and the Sydenham Bypass. The property has extensive return frontage to the Sydenham Bypass/ M3 and therefore great signage opportunities.



The location is opposite the Titanic Quarter development in Belfast which is one of the foremost waterside developments in Europe, offering commercial, residential and industrial uses as well as leisure uses.



The main NI Porsche and Audi dealerships are directly opposite.



Description

The property comprises a warehouse to the rear and two-storey office/ showroom space to the front. The property has a roller shutter door and pedestrian access to the front.

Eminently suitable for many uses from trade counter, showroom, warehouse, stores and offices.



Accommodation

The premises provides the following approximate areas:



- Ground Floor Reception: 105 sqft (9.80 sqm)

- Ground Floor Office 1: 132 sqft (12.30 sqm)

- Ground Floor Office 2: 234 sqft (21.70 sqm)

- Warehouse & Loading: 3,639 sqft (338.10 sqm)

- First Floor Office: 680 sqft (63.20 sqm)

- Total: 4,790 sqft (445.10 sqm)



Lease Details

Term: By Negotiation.

Rent: £25,000 per annum exclusive.

Repairs: Full Repairing Terms.

Buildings Insurance: Tenant to reimburse the Landlord in respect of the buildings insurance.

Ground Rent: Estimated at approx. £4,000 p.a.x.



Title

The property is held by way of a long lease, subject to a ground rent of approximately £4,000 pax.



Price

Offers in excess of £275,000 exclusive, subject to contract.



NAV

We are advised by Land & Property Services that the Net Annual Value for the suite is £14,600 resulting in rates payable of approximately £7,930 for 2021/22.



VAT

Please note all prices, rentals and outgoings are quoted net of VAT which may be chargeable.