For Sale

153-159 DARGAN CRESCENT, BELFAST , BT3 9JP

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Warehouse

Location of 153-159 DARGAN CRESCENT

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  • features
  • description

features

  • Prominent warehouse building strategically located in close proximity to the M2 motorway and Belfast Port
  • Fully let on FRI terms to Europarts Motor Factors Ltd t/a Euro Safety Glass.
  • Current rent of £43,000 p.a.x
  • Ground rent paid by Tenant.
  • Warehouse benefits from 2no. roller shutters with 4.5m clearance and 6m eaves.
  • Extending to approximately 13,925 sq.ft
  • Offers in the region of £450,000 exclusive, subject to contract.
  • Reflects a NIY of c. 9.15% after purchase costs of c. 4.28% and a capital value of £32 per sq.ft.

description

The property at 157 Dargan Crescent comprises a modern warehouse unit and ancillary offices. The building is of steel portal frame construction, including a concrete base wall with brick facing surmounted by insulated profile sheeting.
The property at 157 Dargan Crescent comprises a modern warehouse unit and ancillary offices. The building is of steel portal frame construction, including a concrete base wall with brick facing surmounted by insulated profile sheeting.
This property forms part of a larger site of c. 3.7 acres known as Bayview Industrial Estate, on which an additional 6 industrial units are located. These units have been previously sold by way of long leasehold, leaving residual lands common to all units within the site. These residual lands and the obligation for the ongoing maintenance of same will be included within the sale.
Please note that all costs are fully recoverable from each building owner.
Covenant Information
Europarts Motor Factors are a large distributor

Property Costs

  • Status: For Sale
  • From£450,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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