For Sale

429 - 431 Lisburn Road & 2 – 8 Ethel Street, Belfast, BT9 7HN

Offers in the region of

£590,000

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Investment

Location of 429 - 431 Lisburn Road & 2 – 8 Ethel Street

The property is situated in a very prominent and convenient location on the Lisburn Road & Ethel Street, Belfast. The Lisburn Road benefits from high volumes of vehicular traffic and pedestrian footfall. The area is a short journey away from the city centre of Belfast and has a mixed demographic including a 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

  • The property has an approximate net internal area of 9,164 sq.ft (851.36 sq.m) on a site measuring c.0.10 acres (0.04 hectares)
  • Multi let to a variety of tenants including Slims Healthy Kitchen, Lyric Hi Fi and Nickel Art
  • Surrounding occupiers include The Yellow Door, McGuinness Fleck, McGeown Estate Agents and Eddie Rockets
  • Currently producing a gross rental income of £55,700 pa with a net operating income of £52,675

description

The property fronting onto the Lisburn Road occupied by Slims Healthy Kitchen & Lyric Hi Fi, otherwise known as 429 – 431 Lisburn Road comprises a three storey building of steel portal frame construction with a flat roof, painted rendered and timber clad façade with double glazed aluminium framed windows. 

Internally the units are fitted to a high specification with plastered/painted walls and ceilings, tiled floors and gas fired central heating. The property benefits from on street car parking to the front. 

The property fronting onto Ethel Street occupied by Nickel Art on the Ground Floor and Slims Healthy Kitchen on the First Floor otherwise known as 2 – 8 Ethel Street, comprises a two storey building of brick/block construction with a rough concrete rendered external façade and a flat roof.

Access to the property is via Ethel Street, the property is also connected to the Lisburn Road property at 1st Floor level by a walkway.

Property Costs

  • Status: For Sale
  • Offers in the region of£590,000
  • 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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in association withUlster Bank
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Other costs to budget for

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