FOR SALE City Centre Retail Investment with Vacant Upper Floor Offices Carlton House 28 / 30 Fountain Street Belfast BT1 5ED
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Investment Income £45,000 per annum.
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Upper Floor Office Refurbishment opportunity.
LOCATION The property is located on the busy pedestrianised Fountain Street within the retail core of Belfast’s City Centre. The prime shopping thoroughfare of Donegall Place is one block away and the location benefits from close proximity to the main bus termini at City Hall and Queen Street. Adjacent retailers include Boots, New Look & Cafe Nero.
DESCRIPTION A three storey building with concrete cladding panels to the front elevation. The ground floor comprises a retail unit of c. 1,462 sq ft which together with c. 959 sq ft on the first floor is leased to Lunns the Jewellers. The remainder of the first floor and the whole of the second floor comprises offices which are currently vacant. A staircase and a passenger lift provide access to the upper floors via an entrance hall off Fountain Street.
ACCOMMODATION & TENANCY SCHEDULE Accommodation
Area
Tenant
Lease
Rental pa
Ground Floor Retail 1st Floor stores
c. 1,462 sq ft c. 959 sq ft
John H Lunn (Jewellers) Ltd
15 years from 1st November 2003
£45,000
First & Mezzanine Floor Offices
c. 992 sq ft
Vacant
Second Floor Offices c. 2,300 sq ft
Vacant
PLANS Floor plans are available on request.
28 Fountain Street, Belfast, 5ED 434/ 30 Dublin Road2 Dublin Road,BT1 BELFAST,
PROPOSAL Offers invited in the region of £450,000 for the Freehold interest in this property.
TITLE We understand that the property is held Freehold. A right of way exists through the property from neighbouring premises we understand for use in the case of emergency.
VAT We are advised that the owner has not elected to waive exemption from VAT and therefore VAT will NOT be payable on the sale price.
VIEWING Strictly by appointment through McConnell Chartered Surveyors. Contact: Tel: Email: Website:
Rory McConnell 028 90 205 900
[email protected] www.mcconnellproperty.com
28 30 Fountain Belfast, 42 /Dublin Road, Street, BELFAST, BT2 BT1 7HN5ED
LOCATION MAP & EPC
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