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Occupying a prominent position on one of Belfast's main arterial routes in a popular and affluent suburb.
Extending to approximately 1,222 sqft (113.53 sqm) over three floors.
Fully let producing a rental income of £23,000 p.a. exclusive.
An excellent opportunity exists to acquire an investment property on the Ormeau Road, one of the main arterial routes in Belfast.
The mid-terrace property is situated within a prominent and well established retail parade in this affluent residential suburb, close to Forestside Shopping Centre and approximately 2 miles from the City Centre.
Neighbouring occupiers include McQuoids Estate Agents, Sloans Gas Energy Centre and Rooms Bespoke Furniture.
The property of traditional construction, is arranged over 3 floors, providing a ground floor café whilst the upper floors, benefitting from separate access, provides office accommodation with ancillary kitchen and WC/shower facilities.
The café with its glazed shopfront is finished internally with plastered/painted walls & ceilings, with feature lighting and terrazzo flooring to the customer seating area with the kitchen and prep area to the rear.
The upper floors are finished to include plastered/painted walls and ceilings and carpeted floors.
The property provides the following approximate Net Internal areas:
Ground Floor Cafe: 494 sqft (45.89 sqm)
1st Floor Office: 453 sqft (42.08 sqm)
2nd Floor Office: 275 sqft (25.55 sqm)
Total Area: 1,222 sqft (113.53 sqm)
The ground floor is held under lease by Lumiere Events Limited t/a The Rosetta Café for a term of 10 years from May 2012 at a rent of £15,000 per annum exclusive.
The upper floors are leased to the same tenant on a coterminous agreement at a rent of £8,000 per annum exclusive.
Assumed freehold or long leasehold.
Please note all prices, rentals and outgoings are quoted net of VAT which may be chargeable.
Status: For Sale
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.