retail


LOCATION. Double fronted retail until occupying a prominent position in the busy shopping area of Sandy Row. The unit is easily accessible and in clos...

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RETAIL

105 - 109 Sandy Row BELFAST BT12 5EY

Excellent double fronted unit with development potential in the popular Sandy Row area of South Belfast c. 1767 sq ft (c. 164.2 m²)

LOCATION

PLANNING HISTORY

Double fronted retail until occupying a prominent position in the busy shopping area of Sandy Row. The unit is easily accessible and in close proximity to Bradbury Place, Shaftesbury Square, Lisburn Road and Belfast City Centre.

The site previously had ? planning consent (2/2008/0853/0?

DESCRIPTION

Approval expired in 2012 but could be revisited.

The unit is suitable for immediate occupation with minimal ingoing costs. Finishes include carpeted flooring, fluorescent strip lighting, electric roller shutters. The unit would be suitable for a wide variety of retail and office uses, subject to planning.

SALE DETAILS

For a three-storey building incorporating 6 No. apartments and a retail unit on the ground floor.

Offers in the region of £100,000.

ACCOMMODATION Ground Floor

LEASE DETAILS

Retail:

c. 676 sq ft

c. 62.80 m²

Term:

Negotiable subject to periodic review

Kitchen:

c. 46 sq ft

c. 4.3 m²

Rent:

£6,500

c. 493 sq ft

c. 45.8 m²

Stores:

c. 553 sq ft

c. 51.4 m²

Total:

c. 1768 sq ft

First Floor Stores:

Repairs &

Second Floor c.164.3 m²

Insurance:

Full repairing lease with tenant responsible for refund of building insurance premiums.

NAV Source LPSNI website NAV: 5,250 Rate in the £2013/14 is 0.600436 Property will benefit from small business rates relief of 20%. Rates payable - c. 2,522 per annum VAT The property is not VAT registered.

VIEWING Strictly by appointment with McConnell Chartered Surveyors Contact: Andrew Agnew Tel: 028 90 205 900 E-mail: [email protected]