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NET INTERNAL AREA 49.22m² (529 ft²) Approx.
INVESTMENT PROPERTY
Situated on the Ballyclare Road in Glengormley.Let to a travel agency
Ground floor showroom with office to rear. Currently subdivided by way of stud walls which could be removed.
ACCOMMODATION
Comprising high quality shop with office to rear.The rear office has been subdivided my means of removable stud walls into smaller offices. A small kitchen has been carved out of the Showroom space by means of stud walls also.
Sales
29.45 m² (317ft²) approx
Office
12.75 m² (137 ft²) approx
Kitchen
7.02 m² (75 ft²) approx
Total
49.22 m² (528 ft²) approx
TOILETS
Male & Female WCs
TENANCY DETAILS
TERM
A 5 year extension from 16th April 2022 has been agreed.
RENT
£6,000 per annum + VAT exclusive of rates. Tenant responsible for rates.Rent payable monthly in advance
BREAK CLAUSE
Tenant may activate a break clause effective April 2025 by 6 months prior notice.
NAV
Online enquiries with Land and Property Services confirm that the NAV of the property is as follows;
Shop:£5,100
The rate in the £ 2021/2022 is 0.519426
VAT
VAT is chargeable on the purchase price
REPAIRS
The tenant will be responsible for internal repairs. Cost of any external repairs carried out by the landlord may be reclaimed by the landlord from the tenant with a cap of £500 per annum on the tenant’s contribution.
INSURANCETenant responsible for re-imbursement of the building insurance premium.
VIEWING
Strictly by appointment with Macfarlane & Smyth. For further details please contact Andrew Smyth.
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.
