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343-349 Ormeau Road Belfast, BT7 3GL

Asking price £875,000

Key Information

Address 343-349 Ormeau Road Belfast, BT7 3GL
Price Asking price £875,000
Style Investment Property
Size 3,855 sq. feet
Status For sale
   

Additional Information

SUMMARY
• Fantastic retail unit for sale or to let.
• Prominent frontage onto Ormeau Road.
• Surrounded by a large catchment of housing.
• Current rental income £57,500 pa.


LOCATION
• The Ormeau Road is one of Northern Ireland’s most successful suburban retailing
destinations with a combination of retail units, restaurants, bars and high density
housing.
• It has become one of the more desirable addresses in Belfast and consequently
the food , café and retail scene has grown significantly including Tesco Express,
Café Nerro, Costa Coffee and Juice Jar.


DESCRIPTION
• The subject premises occupy a prime location and the site offers a rare opportunity to
acquire a large retail unit of c. 2,297 sq ft on the ground floor.
• The premises are also available to rent as exisiting tenant has issued a break clause
which is effective from 4th March 2027 (would leave earlier).
• There is a beauty salon at 343 1st & 2nd floors who are paying £5,000 per annum.
• Current retal income £57,500 per annum with potential for a substainioal uplift