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416/418 Ormeau Road, Belfast, BT7 3HY

Annually £12,000
  • status Rent
  • style Retail
  • Price Annually £12,000
  • Style Retail
  • EPC Rating D57
    EPC
  • Status Rent
Macfarlane & Smyth Office: 028 9032 5888

Description

ACCOMMODATION
Comprising ground floor office/retail area.  Premises benefit from gas fired central heating, suspended ceiling and lighting, plastered and painted walls.

Ground floor   
40.95 m2 (441 ft²) approx
Currently subdivided by stud walls which could be removed

TOTAL: 
40.95 m² (441 ft²) approx

TOILETS
WC on ground floor level

LEASE DETAILS

TERM
Five years or longer by negotiation

RENT
£12,000 per annum + VAT plus rates

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

Ground Floor Office: £9,400

The rate in the £ 2022/2023 is 0.551045
Rates payable based on the above figures would be £5,179.82 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 £4,143.86 approximately.

VAT
Shall be charged on rent and outgoings

REPAIRS
The tenant shall be responsible for all 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

  • High Quality Retail/Office Accommodation
  • Gas Fired Central Heating

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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