The investment is located on the Upper Lisburn Road adjacent to Finaghy Crossroads, 3 miles south of Belfast city centre. The Upper Lisburn Road is one of Belfast's major arterial routes and the subject area is the centre of commercial activity in the Finaghy area. Neighbouring occupiers include KFC, Iceland and Winemark.
This investment comprises two self-contained commercial units. The Nepoli Restaurant comprises a ground floor lock-up covered with a flat roof, is fitted out and trading as an Italian style eatery. The adjoining unit is a ground and first floor property fitted out and trades as Sarpn Indian Restaurant. To the front of each property there is an electric roller shutter.
The properties are both leased out at rents of £8,000 (No. 128A) and £10,000 (No. 128) per annum.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - F140
Net Annual Values: 128 - £17,300/128A - £8,150
Rate in the £ for 2019/2020: £0.614135
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| 128 Upper Lisburn Road (Ground Floor) |
44 sq m | (470 sq ft) | ||
| 128A Upper Lisburn Road (Ground Floor) |
101 sq m | (1,083 sq ft) | ||
| 128A Upper Lisburn Road (First Floor) |
41 sq m | (440 sq ft) | ||
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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