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For Sale

75 Botanic Avenue, Belfast, BT7 1JL

Commercial Property

Location of 75 Botanic Avenue

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features

  • Occupying a prominent position in this ever popular south Belfast commercial/leisure location.
  • Extending to approximately 2,310 sqft (214.53 sqm) over three floors.
  • Fully let at a rent of £34,000 p.a. exclusive.

description

Location

The property is situated on Botanic Avenue, one of Belfast's prime commercial/leisure locations, in close proximity to Queens University and within easy walking distance of the City Centre.



The area is characterised by its large student and young professional population in the immediate vicinity. Neighbouring occupiers include Starbucks, Boojum, Café Nero, Russells and R.A Glass opticians.



Description

The subject property comprises a three storey mid-terrace restaurant premises of traditional red brick construction with a pitch slate roof.



Trading as 'Build a Burger' it is arranged to provide restaurant seating/takeaway area with kitchen and stores at ground floor, further seating with wc facilities at first floor and ancillary storage, office and staff facilities at second floor.



Tenancy Details

The property is let in its entirety to Michael Gallagher & Nick Gkoulgkoutis for a term of 10 years from 22nd April 2011 expiring on 21st April 2021 at a passing rent of £34,000 pax.



The lease is on Full Repairing and Insuring terms, limited by reference to a condition report.



Title

Assumed Freehold or Long Leasehold, free from any onerous or restrictive covenants.

Property Costs

  • Status: For Sale
  • From£425,000
  • Stamp Duty: £0*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer here for more information.

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£400,000

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Contact Agent

Cushman & Wakefield
5 Oxford Street

Other costs to budget for

Wilson Nesbitt Solicitors

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