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For sale
Auction Mar 19 at 11:00 AM
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(Lot 6) 15 Pilots View, Belfast, BT3 9LE

Office

Guide Price £300,000

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Auction Details

Auction Date

Mar 19 at 11:00 AM

Lot Number

6

Property Overview

Status

For Sale

Style

Office

Property Financials

Guide Price

£300,000

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Additional Information

Additional Information

  • Prominent Investment within Belfast Harbour Estate
  • Fully let producing £30,000 per annum
  • Fitted to a high specification
  • Net yield of 9.68% based on the guide price

Location: The property is located in Sydenham Business Park which is located approximately 4 miles east of Belfast City Centre and a short distance from George Best Belfast City Airport, offering excellent connectivity to the M1, M2 and wider road network. Pilots View forms part of the well-established Sydenham Business Park, situated off Heron Road within the Belfast Harbour Estate.
The surrounding occupiers include CCL Interiors, Guide Dogs, TCB Group, Bombardier, BP, Phoenix Natural Gas, DFC, and CEM Systems.

The property comprises a modern detached two-storey office building . The modern building is of steel portal-frame construction with solid concrete floors, finished externally in part metal cladding and part blockwork. Internally, the accommodation has been fitted to a very high specification throughout, including open-plan and cellular office layouts with air-conditioning, suspended ceilings, LED lighting, double-glazed windows, Cat 5 cabling and raised access flooring. The accommodation provides open plan areas with cellular offices as well a gym area on the ground floor. Kitchen, WCs and shower facilities are also provided over both floors. Externally the property includes 15 designated car parking spaces.

Accommodation: Total Net Internal Area
Ground floor 2,015 sqft (187 sqm)
First Floor 2,114 sq ft (196 sqm)
Total 4,129 sqft (384 sqm)

15 designated car-parking spaces

Tenancy: The building is let to Hurree Limited for a term of 10 years with effect from 15th March 2023 and subject to a rent review at the end of the 5th year. The passing rent is £30,000 per annum on full repairing and insuring terms. The lease is subject to a tenant option to terminate the lease of the 5th anniversary.

EPC: An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - B 43

Planning: Offices

VAT: All figures quoted are exclusive of and may therefore be liable to VAT.

Viewing: Contact Savills Auction Team.

Location

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