For Sale

The Gas Office, 12, Cromac Quay Ormeau Gasworks, Belfast, BT7 2JD

From

£1,250,000

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Location of The Gas Office, 12

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  • features
  • description

features

  • Extending to approx. 5,866 sqft (545 sqm).
  • Recently refurbished to a very high standard.
  • 12 dedicated onsite car parking spaces.

description

Location

Located at the corner of Cromac Street and Ormeau Road opposite Ormeau Avenue, it provides ease of access to the main retail pitch at Donegall Place as well as the Law Courts on Chichester Street and City Hall.



It is equidistant to Lanyon Place rail station and the new Belfast Transport Hub at Weavers Cross. Furthermore access to Lanyon Place station is via the attractive Lagan River towpath.



Description

The subject property comprises part of the former Gas Office building which is a landmark building within the Gasworks business park and has strategic frontage to both the Ormeau Road and the business park itself.



The accommodation which has been recently refurbished to a very high standard, is accessed via a ground floor entrance from the business park with a modern lift to the upper floors as well as the original Victorian Entrance and Staircase direct from Ormeau Road.



The 1st floor provides a reception area, boardroom, meeting room, open plan office and two private offices whilst the 2ndfloor provides further open plan office space, commsroom, kitchen and WC facilities.



Internal finishes include:

- Plastered & painted walls.

- Suspended & plastered ceilings with recessed & pendant LED lighting.

- Carpeted floors (raised accessed at 2ndfloor).

- Perimeter trunking and floor boxes for power & data.

- Air-conditioning throughout.

- Abundant natural light.



The property also benefits from 12 exclusive onsite car parking spaces.



Accommodation

The premises provides the following approximate internal areas:

Ground Floor: 153 sqft (14.20 sqm)

First Floor: 3,776 sqft (350.80 sqm)

Second Floor: 2,090 sqft (194.20 sqm)

Total: 5,866 sqft (545.00 sqm)



Lease Details

Term: By Negotiation.

Rent: £110,000 pax.

Repairs & Insurance: Full Repairing & Insuring Terms.

Service Charge:Levied to cover external repairs, maintenance & management of the common parts of the building and estate.



Title

The property is held by way of a Long Lease for a term of 250 years from 2002, subject to a ground rent of approximately £8,125pax (subject to review).



Price

Offers over £1,250,000 (OneMillion, TwoHundred & Fifty Thousand Pounds) exclusive, subject to contract.



NAV

We have been advised by Land & Property Services that the NAVis £57,600 resulting in rates payable of approximately £31,285 for 2021/22 based on Rate in £ of 0.543147.



VAT

Please note all prices, rentals and outgoings are quoted net of VAT which may be chargeable.

Property Costs

  • Status: For Sale
  • From£1,250,000
  • 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.

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Cushman & Wakefield
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