124b Upper Lisburn Road, Finaghy, Belfast, BT10 0BE
Retail (710 sq ft)
Price £150,000
Contact McConnell Property Ltd
+44 28 9020 5900
Property Overview
Status
For Sale
Style
Retail
Property Features
Size
66 sq m (710 sq ft)
Property Financials
Price
£150,000
Additional Information
Additional Information
- Excellent opportunity to acquire a small retail investment on the Upper Lisburn Road.
- Highly visible roadside location.
- Numerous local and national retailers in the surrounding area including KFC, Subway and Coyles Home Bakery.
Excellent retail unit fitted to include ceramic tile floors, plastered and painted walls, suspended ceilings and recessed lighting. The unit is currently split to provide sales accommodation with storage to the rear plus kitchen point and WC facilities. The unit has been opened up to form a double unit with 124a Upper Lisburn Road, held under separate ownership both of which are leased to Northern Ireland Hospice (Trading) Ltd.
The subject property is located in the popular residential suburb of Finaghy, approximately 4 miles south of Belfast City Centre. The area enjoys high levels of pedestrian footfall generated by a number of established businesses trading in the locality including Iceland, the Co-Op and KFC.
The unit is let effectively on a full repairing and insuring lease to Northern Ireland Hospice (Trading) Ltd for a term of 9 years from 16th January 2023 and expiring on 15th January 2032 at a passing rent of £12,500 p.a.
Tenant’s option to break on 16th January 2027 and Rent Review due on same date if option to break not exercised.
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