Photo 1 of 1
For Sale

295 Newtownards Road, Belfast, BT4 1AG

Asking Price

£65,000

Calculate Mortgage Now
Investment
D 84
EPC Rating

Location of 295 Newtownards Road

The subject property is on the right hand side of the Newtownards Road heading countrybound.

My Important Places

Add important places to see how far they are from this property.

features

  • Income producing investment property with future redevelopment potential
  • Three storey mid-terrace commercial unit (upper floors currently blocked off)
  • Ground floor currently let until 31st October 2021

comprises

SALES AREA:
32.76 SqM 352.6 SqFt
KITCHEN AREA:
8.55 SqM 92 SqFt
FRIDGE:
6.44 SqM 69.3 SqFt
REAR PREP AREA:
15.58 SqM 167.7 SqFt

description

McQuoids have the pleasure of bringing this income producing investment property to market. With the upper floors currently not in use, the purchaser will have the opportunity to redevelop the property in the future to further increase income.
The subject property is a three storey mid-terrace in a busy parade of shops with the ground floor currently let to 'The Fresh Meat Centre' until the end of October 2021. Accommodation includes sales area, kitchen area, fridge and rear prep area (inc. fridge).
Lease Details
Term: 6 years from 1st November 2015 (lease end date: 31st October 2021)
Rent Review: 1st November 2018
Insurance: Landlord to be reimbursed by tenant
Rates: Payable by tenant
NAV £4,650 (Rates payable 2018/19 of £2,799 prior to small business rates relief)
Viewing strictly by appointment through McQuoids on 02890 640018.

Property Costs

  • Status: For Sale
  • Asking Price£65,000
  • Stamp Duty: £0*

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

Mortgage Calculator

in association withUlster Bank
10%
years
%
£279.29 per month
How much could I borrow?

These results are not provided by Ulster Bank and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Similar Properties

Contact Agent

McQuoids
432-434 Ormeau Road

Other costs to budget for

Wilson Nesbitt Solicitors

Get a free property legal expenses quotation