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145 Stranmillis Road, Belfast, BT9 5AJ

Annually £15,000
  • status Rent
  • style Retail
  • Price Annually £15,000
  • Style Retail
  • EPC Rating D61
    EPC
  • Status Rent
Macfarlane & Smyth Office: 028 9032 5888

Description

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.

ACCOMMODATION
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

WC

LEASE DETAILS

TERM
Five years or longer by negotiation

RENT
£15,000 per annum plus rates

NAV
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  

VAT
Chargeable on rent and outgoings.

REPAIRS
The tenant will be responsible for all repairs.

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

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

 

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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