NET INTERNAL AREA 55.55 m² (598 ft²) Approx.
Situated on the ever popular Stranmillis Road in south Belfast. Ground floor shop with kitchen to rear. Currently subdivided by way of stud walls which could be removed.
Comprising high quality shop with gas fired central heating, plastered and painted walls.
Retail52.55 m² (565.66 ft²) approx
Kitchen3.00m² (32.29 ft²) approx
Total55.55 m² (598 ft²) approx
Five years or longer by negotiation
£15,000 per annum plus rates
Online enquiries with Land and Property Services confirm that the NAV of the property is as follows; Shop:£11,400
The rate in the £ 2020/2021 is 0.538166Rates payable based on the above figures would be £6,135.09 approximately.
A 20% discount is available on the above figure for the 2020/2021 tax year under the Small Business Rates Relief Scheme. The rates payable would become approximately £4,908.07 per annum.Certain users (hospitality, tourism, leisure, retail) may be eligible for a rates holiday up to 31st March 2021 as a result of Covid 19 rates support.
You should contact LPS to confirm what rates reliefs are available as this can change over time
Chargeable on rent and outgoings.
The tenant will be responsible for all repairs.
Tenant responsible for repayment of their share of building insurance premium.
Strictly by appointment with Macfarlane & Smyth.
For further details please contact Andrew Smyth or David 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.