Whitehall Square, Unit 5, Belfast, BT12 5EU
£105,000
Description & Features
FEATURES
Prominent Location Fronting Onto Donegall Road In South Belfast
Within close proximity of the Westlink and Belfast city centre
Excellent Retail Investment Producing £12,000 Per Annum
Gross Yeild 11.43%
Ideal Investor Purchase
LOCATION
The subject property is located on the outskirts of Belfast City Centre fronting Donegall Road in South Belfast, benefitting from a double fronted corner unit.
DESCRIPTION
The subject property comprises a ground floor retail unit, forming part of a five storey mixed use commercial / residential development built c. 2003. The ground floor retail unit extends to a net internal area of c.1,141 sq ft, providing a modern retail area with ancillary and WC to the rear with electric roller shutter access and aluminium double glazed windows.
Internal finishes include plastered and painted walls, tiled floor and suspended ceiling with fluorescent lighting.
ACCOMODATION
Ground Floor
Retail Area c. 106 sq m (c. 1,141sq ft)
Ancillary c. 5 sq m (c. 53.82sq ft)
SALES DETAILS
Price: Offers in the region of £105,000
Title: The property is held by way of Leasehold Title
Management Company: CSM Property Management
Service Charge: £175pcm (Paid by Tenant)
LEASE DETAILS
Term: 10 Years
Rent: £12,000 pa
Start Date: 1st September 2021
Rent Review : 1st Septmeber 2026
Housing Tenure
Type of Tenure
Leasehold
Ground Rent
£0.00
A review period for ground rent has not been provided
Service Charge
£2,100.00
A review period for service has not been provided
Length of Lease
Not Provided
Location of Whitehall Square
Driving East on the Donegall Road towards Shaftbury Square the unit is just passed the second enterance to the Belfast City Hospital on the righ hand side.
Energy Rating
Current Energy Rating
Costs to Consider
Rates
Not Provided
Stamp Duty
£0*
Ground Rent
Not Provided
Service Charge
£2,100
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