Three storey commercial premises occupying a prime location on the busy Stranmillis Road and comprising approximately 149 sq m (1,607 sq ft), net internal area, with site area of approximately 94 sq m (1,000 sq ft).
The Stranmillis “village” area is approximately 1¼ miles south of Belfast city centre, is popular with young professionals and students due to its close proximity to QUB, Methodist College, Lyric Theatre, Queen’s PEC, Stranmillis Training College, Botanic Gardens and Belfast City Hospital.
It benefits from high footfall and other retailers nearby include a Centra convenience store, Subway, Winemark, Sinnamon coffee shop, Stranmillis Pharmacy and many smart restaurants and cafés.
The premises is let to the Clements Coffee Company Ltd, Value Cabs Ltd and AIB Group (UK) PLC (ATM) and producing a rental income of £31,500 per annum, exclusive.
REPAIRS & INSURANCE
Under the terms of the Leases the tenants are responsible for internal repairs, a service charge to cover the Landlords costs of external repairs and the costs of the Buildings Insurance Premium.
The Land & Property Service advise that the Rateable Values are
Ground Floor Restaurant £11,000
First & Second Floor Offices £5,350
The premises is not registered for VAT and accordingly VAT will not
be charged on the purchase price.
Offers over £250,000
For futher details contact Barney Goan, Tel: 02890 500 100
Status: For Sale
Offers Over: £250,000
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.