The subject retail unit comprises c. 5,000 sq ft ( sq m) and is accessed from Great Patrick Street via powder coated double glazed aluminium doors benefitting from double height and a full glazed shop frontage. Internally the unit has been finished to a standard developers shell specification ready to receive an in-going tenants fit-out with services capped at consumer point.
5,000 sq ft (464 sq m)
Location of Great Patrick Street
The subject property is located on Great Patrick Street a short distance from the new enlarged Belfast campus of the University of Ulster and the traditional retail and office cores of Belfast City Centre. The new enlarged University of Ulster campus will have 18,000 students resident in the location from September 2022.
The location benefits from excellent levels of accessibility given its immediate proximity to a range of public transport, Belfast bike stations and the wider M1/M2/M3 motorway network. The unit has from a high profile given the high level of passing vehicular and pedestrian traffic.
The island site, where the subject has been constructed, has rapidly developed a significant critical mass of student halls of residence and despite the Covid19 pandemic the levels of occupation of these halls are approaching capacity. We understand that that in excess of 1,110 bedrooms have been occupied and with a further 500 under construction the location provides a resident community in need of amenities and services. It should be noted that this represents the only commercial leasing opportunity on the island site.
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