For Sale

757/759 Upper Newtownards Road, Belfast, Antrim, BT16 1QY

Offers Over

£300,000

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Site with FPP

Location of 757/759 Upper Newtownards Road

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description

Former petrol filling station site with the former retail unit and tanks remaining.

The site is located at the corner of Upper Newtownards Road and Reaville Park, opposite Knock Golf Club and close to Stomont Estate.

The surrounding area is a mixture of residential, leisure and office accommodation.

Tenancy

The property is let to Auto Spas Car Wash Limited who are overholding on a 3 year lease from 1 February 2014 paying an annual rent of £15,000 per annum plus VAT.

Title

The premises are held by way of a 900 year lease from 1 November 1925 subject to an annual ground rent of £14.50.

The property will be sold with a restriction prohibiting its use as a convenience store or for the sale of fuel.

Planning

Planning permission was granted on 20 July 2010 for a temporary car wash facility on the site. [Y/2010/0170/F]

Planning permission was granted on 10 January 2013 for a 3 storey residential development comprising 11 apartments and associated site works, car parking and access.  [Y/2011/0127/F]

Site Area

0.11 hectare (0.26 acre)

NAV

£3,350 (car wash)

Rates Payable 2018/19

£2,019.39

VAT

The premises are registered for Value Added Tax

Viewing

Strictly by appointment with RHM Commercial 

Property Costs

  • Status: For Sale
  • Offers Over£300,000
  • 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.

Mortgage Calculator

in association withUlster Bank
10%
years
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£1,289.02 per month
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Contact Agent

RHM Commercial
First Floor, Edward Court

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