294-296 Albertbridge Road Belfast , Co. Antrim , BT5 4GX

Investment Property
Offers around £200,000
« Back
Status: For sale Investment Property

Key Information

Style Investment Property
Status For sale
Price Offers around £200,000
EPC Rating C70

Features

  • Highly Prominent Commercial Building on Cornersite
  • Part-Investment/Part owner occupation Opportunity
  • Ground Floor Let at £13,200 per annum,
  • Potential for conversion to residential use, subject to planning

Description

The subject property comprises a prominent corner building with a ground floor retail unit and first floor and second floor offices.
Internally the property offers a number of private offices with separate kitchen and toilet facilities over the first and second floors. The ground floor has a show room and workshop with a private kitchen and toilet facilities.
The upper floors have the benefit of gas central heating and could be converted to residential use, subject to planning.
Nearby users include the East Belfast Enterprise Park, Connswater Retail Park, including a branch of Starbucks and Tim Hortons.

Lease Details:
The existing tenants are currently "holding over" as their original lease has expired.
Rates:
We have been advised by Land and Property Services of the following;
294 Albertbridge Road Belfast Shops, showrooms NAV £6,000
296 Albertbridge Road Belfast second floor flat; CAPITAL VALUE: £65,000
Non-domestic rate in £: 0.555698
Estimated domestic rates Bill £522.15pa.
Planning:
The property has planning permission for the change of use of 1st floor from office to show room, dated 13th January 1995 and for a change of use for the ground floor from workshop and offices to shop and offices with extension to front elevation.

Ground Floor

SHOW ROOM
51 sqm
SHOW ROOM
56 sqm
WORK SHOP
28 sqm
STORE
65 sqm
KITCHEN
5 sqm

First Floor

OFFICE 1
11.639sqm
OFFICE 2
10.04 sqm
OFFICE 3
38.45 sqm
KITCHEN
2 sqm
SEPARATE WC:

Second Floor

OFFICE 4
6.849sqm
OFFICE 5
13.65 sqm
OFFICE 6
20.03 sqm
SHOWER ROOM:

Second Floor

KITCHEN:
7.352sqm

Outside

Covered yard area to rear.

The property is located on the corner of Albertbridge Road and Stoneyford Street.

Interested in this Property?

Fill in your details below and a member of our team will get back to you.

Please check you have entered all details correctly: