Belfast is the commercial, administrative and cultural capital of Northern Ireland. The city has a population of 739,000 within its primary catchment area.
The property is located on Brougham Street just off the York Street interchange adjacent to Cityside Retail Park with convenient access to the M2, Westlink and a wide road network. Neighbouring occupiers include Asda Living, Tesco, Iceland and KFC.
The property comprises a detached single storey unit with parking to the front of the enclosed site. The building is of a modern portal frame construction with a part facing brick and clad exterior with a pitched roof.
The unit has been fitted to the Kwik Fit corporate specification and includes a large service bay/store and ancillary staff accommodation.
Workshop
4,000 sq ft (372) sq m
Let to European Tyre Enterprises Ltd t/a Kwik-Fit on Full Repairing & Insuring terms for a period of 15 years from March 2018 at a passing rent of £41,300 per annum. The lease is subject to a rent review and tenant break in March 2028.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D99.
Retail Warehouse
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).
Net Annual Value: £16,100
Estimated Rates payable for 2024/2025: £9,650
* 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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