Investment Property (3,855 sq. feet) For Sale
Asking price £875,000
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| Address | 343-349 Ormeau Road Belfast, BT7 3GL |
|---|---|
| Price | Asking price £875,000 |
| Style | Investment Property |
| Size | 3,855 sq. feet |
| Status | For sale |
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
02890 500 100