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TO LET (By Way of Assignment) Prominent Three Storey Retail Unit of c. 1,362 sq ft 627 Lisburn Road, Belfast, BT9 7GT

TO LET (By Way of Assignment) Prominent Three Storey ...… · NAV We are advised by the Land and Property Service that the current NAV for the subject is £17,700. The commercial

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Page 1: TO LET (By Way of Assignment) Prominent Three Storey ...… · NAV We are advised by the Land and Property Service that the current NAV for the subject is £17,700. The commercial

TO LET (By Way of Assignment) Prominent Three Storey Retail Unit of c. 1,362 sq ft

627 Lisburn Road, Belfast, BT9 7GT

Page 2: TO LET (By Way of Assignment) Prominent Three Storey ...… · NAV We are advised by the Land and Property Service that the current NAV for the subject is £17,700. The commercial

LOCATION / DESCRIPTION

The subject is located on the Lisburn Road, one of Belfast’s main arterial routes and one

of the city’s most affluent retail, restaurant and fashion destinations, whilst also being

synonymous with business users and office occupiers.

The property is situated on one of the busiest sections of the road, in close proximity to

Cranmore park and benefits from high levels of passing vehicular and pedestrian traffic.

The subject comprises a prominent three storey mid terrace building with a pitched tiled

roof, part painted render / part red brick elevations and a glazed timber frame shop front.

The property provides well apportioned retail / showroom accommodation over ground

floor and first floor level with feature double height entrance foyer and second floor open

plan office space. Internally the property has been superbly finished retaining the period

feature sash windows, cornicing and fireplaces and is fitted to include plastered / painted /

papered walls, tiled / carpeted / wood laminate flooring, wall mounted / suspended spot

lighting, glass balcony, kitchenette and, male/female WC facilities.

The property is fitted with gas fired central heating and benefits from on street car parking

to the front.

Occupiers in the vicinity include Jojo Maman Bebe, Eden Park, Fred J Malcolm, James

Lakeland and Gerry Weber with M&S simply food a short walk way.

The property would be suitable for a wide variety of uses, subject to any necessary

planning / statutory / landlord consents.

ACCOMMODATION

ACCOMMODATION AREA (SQ M) AREA (SQ FT)

GROUND FLOOR

Retail Area

Storage / Office

Kitchenette

WC

c. 51 sq m

c. 6 sq m

c. 4 sq m

-

545 sq ft

66 sq ft

44 sq ft

-

FIRST FLOOR

Retail / Showroom

c. 37 sq m

394 sq ft

SECOND FLOOR

Open Plan Office

c. 29 sq m

313 sq ft

TOTAL c. 127 sq m 1,362 sq ft

LEASE DETAILS

LEASE: The property is held on a 5 year FRI lease from 1st May 2017

RENTAL: £20,000 per annum exclusive

BREAK OPTION: 3 year break option subject to 6 months prior written notice

REPAIRS: The repairing obligation is limited by a photographic schedule of condition

SUBJECT PROPERTY

Page 3: TO LET (By Way of Assignment) Prominent Three Storey ...… · NAV We are advised by the Land and Property Service that the current NAV for the subject is £17,700. The commercial

NAV We are advised by the Land and Property Service that the current NAV for

the subject is £17,700.

The commercial rate in the pound for 2019 / 2020 is £0.614135

VAT All prices, outgoings etc are exclusive of, but may be subject to VAT.

EPC

FURTHER DETAILS

O’Connor Kennedy Turtle

22 Adelaide Street

Belfast BT2 8GD

T +44 (0)28 9024 8181

E [email protected]

CONTACT: MATTHEW MCNUTT | [email protected]

ROSS SWEENEY | [email protected]

Our Ref: MMCN/EC/8586

OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of O’Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to this property. (iv) OKT have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.