Prominent retail parade on this busy & popular south Belfast street which links the Ormeau Road and Annadale Embankment.
Comprised of three units let on Full Repairing & Insuring terms.
Combined rent of £32,300 per annum exclusive.
The property occupies a prominent position on Sunnyside Street, a popular and busy area in south Belfast linking the Ormeau Road and Annadale Embankment, approximately 1.5 miles from the City Centre.
The surrounding area is characterised by a vibrant mix of retail, food and service occupiers and a high density residential population.
The subject property comprises a fully let single storey terrace of three self-contained retail units, of traditional brickwork construction with pitched tiled roofs, rendered front facades and glazed shop fronts.
Situated at the corner of Sunnyside Street and Sunnyside Drive, the property occupies a site area of approximately 216 sqm (2,336 sqft) to include an area between the building line and the public footpath.
57 Sunnyside Street: Approx. 328 sqft (30.47 sqm) - Fitted as a nail salon with staff kitchen and WC to the rear. Finishes include plastered & painted walls and ceilings, feature lighting and laminate floor coverings.
59 Sunnyside Street: Approx. 360 sqft (33.44 sqm) - Fitted as a hot food takeaway, with customer waiting, servery, kitchen/prep areas and staff WC. Finishes include tiled floors and walls, suspended ceilings and recessed lighting to the customer areas, laminate floors and PVC clad walls and ceilings to the servery and kitchen/prep areas.
61 Sunnyside Street: Approx. 432 sqft (40.12 sqm) - Fitted as a hot food takeaway, with customer waiting, servery, kitchen/prep area, stores and staff WC. Finishes include laminate floors, PVC clad walls and ceilings and fluorescent strip lighting.
The units are let on Full Repairing & Insuring Terms, at a combined rent of £32,300 per annum exclusive.
Tenancy information is available on request to genuinely interested parties.
Please contact the agent to discuss.
We are advised that the property is held Long Leasehold.
Offers are sought in the region of £350,000 exclusive, subject to contract.
A purchase at this level would reflect a net initial yield of c. 8.89% after standard purchasers costs of c. 3.80%.
We are advised that the property is not elected for VAT.