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For sale
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1 Tates Avenue, Belfast, BT9 7AJ

Investment Property (860 sq ft)

Offers Over £150,000

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Contact Frazer Kidd

+44 28 9023 3111

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Property Overview

Status

For Sale

Style

Investment Property

Property Features

Size

79.9 sq m (860 sq ft)

Property Financials

Price

Offers Over £150,000

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Additional Information

Additional Information

  • Occupying a prominent position off Lisburn Road, on Tates Avenue.
  • Ground floor retail extending to c. 860 Sq Ft.
  • Current rent payable of £12,500 per annum.
  • Positioned within a popular residential area, benefitting from high volume of passing traffic/trade.

The property forms part of a new state-of-the-art mixed-use building accommodating 3 retail units and 23 apartments over the first to fifth floors.

The retail unit comprises of c. 860 Sq Ft (NIA). The accommodation benefits from floor to ceiling height glazed windows and electric roller shutters. To the rear of the premises is a service yard for bin storage.

Directions

The area encompasses many shops, boutiques, wine bars, restaurants and coffee houses and has established itself as an exclusive destination within the Greater Belfast area.

The area is vibrant with a mixture of residential and commercial properties, which include numerous fashion boutiques, restaurants, bars, coffee shops and a combination of traditional retailers and independents.

The property occupies a highly prominent and convenient corner position on the Tate’s Avenue, at its junction with Lisburn Road, Belfast.

The Lisburn Road benefits from high volumes of vehicular traffic and pedestrian footfall.

The area is a short journey from Belfast city centre and has a mixed demographic including a large proportion of students living nearby, given the properties close proximity to Queens University and Belfast City Hospital.
Surrounding occupiers include Co-op, Reids Florists, Dream Apartments, Clear Pharmacy, Cuckoo and Wine Flair.

Location

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Agent Accreditations

Not Provided

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