Overview

• Highly prominent position with convenient access to the A24 Belfast to Saintfield Road.
• Comprises a semi-detached two storey office premises with self-contained car park and industrial unit to the rear.
• Fully let to long standing tenants with a gross rental income of £73,554 per annum.
• Asking price: offers in the region of £870,000 exclusive.

Description

The subject property comprises two elements as follows:

1. Situated fronting the Saintfield Road, the property comprises a two storey semi-detached office building with a self-contained tarmacadam surfaced car park. The building extends to approximately 4,339 sq ft and provides for a mixture of open plan and cellular type office accommodation with ancillary staff facilities which is let to a number of tenants. The building is of concrete block and brick construction with a mono-pitched roof, part PVC/timber frame windows and gas fired central heating.

2. A 10,000 sq ft industrial unit of steel portal frame construction with part concrete block/profile metal cladding to the elevations and a minimum eaves height of 5m and 10.5m to the apex. There are a number of stores and ancillary staff facilities totalling 2,947 sq ft located off.

Title
We understand the property is held by way of a Freehold Title. It should be noted that an adjoining land owner has a Right of Way over the car park. Further information is available from our client’s solicitor:
Hewitt & Gilpin Solicitors, 73 Holywood Road, Belfast
Telephone: 028 9057 3573
Contact: Ashley Russell
Email: arussell@hewittandgilpin.co.uk

Guide Price
We are instructed to seek offers in the region of £870,000 exclusive, reflecting a NIY of 7% (after landlord’s and purchaser’s costs) which reflects £50.00 psf Capital Value.

VAT
All prices quoted are exclusive and therefore may be liable to VAT.

Warehouse/Stores & Ground Floor Office - 14,949 sq ft
First Floor Offices - 1,253 sq ft
First Floor Offices - 266 sq ft
First Floor Offices & Stores - 818 sq ft
Total - 17,286 sq ft