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263 Upper Newtownards Road, Belfast, BT4 3JF

Annually £12,000
  • status Rent
  • style Retail
  • Price Annually £12,000
  • Style Retail
  • EPC Rating A95
    EPC
  • Status Rent
Macfarlane & Smyth Office: 028 9032 5888

Description

ACCOMMODATION
Comprising ground floor retail unit with stores

Ground floor   
43.47 m2 (468 ft²) approxPlus covered yard

TOILET
WC with WHB

LEASE DETAILS

TERM
Five years or longer by negotiation

RENT
£12,000 per annum plus rates

RATES
We are verbally advised by the Valuation and Lands Agency that the NAV of the property is as follows:

Shop & Store:
£10,700

The rate in the £ 2022/2023 is 0.551045
Rates payable based on the above figures would be £5,896.18 per annum approximately before any discounts such as Small Business Rates relief are applied.  (See below)

A 20% discount is available for the 2022/23 tax year under the small business rates relief scheme meaning the rates payable for that period would be reduced to £4,716.94 approximately.

VAT
May be charged on rent and outgoings but not currently

REPAIRS
The tenant will be responsible for internal and external repairs.

INSURANCE
Tenant responsible for repayment of their share of building insurance premium.

SECURITY
Electric shutter

VIEWING
Strictly by appointment with Macfarlane & Smyth.                             
For further details please contact  Andrew Smyth. 

 

 

 

Features

  • Retail unit in heart of Ballyhackamore

Location

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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

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