Glengormley is situated approximately 8 miles North of Belfast, with a population of 21,027 according to the 2011 census. The property sits in a prominent position on the Antrim Road, a major arterial route which forms part of the A6 road connecting Belfast to Derry, exposing this property to high levels of vehicular traffic. The area is well populated with residential and commercial uses.
Surrounding occupiers include McDonalds opposite and Eurospar.
This is a purpose built single storey standalone unit of steel framed construction with metal roof. The unit has been fitted in Tim Hortons corporate style incorporating food preparation, servery, seating and ancillary areas. The property also benefits from on site car parking.
Ground Floor 225 sqm 2,421 sqft (source LPS)
Site Area 0.4 acres
A 15 year lease term with effect from June 2019 at an annual passing rent of £78,750. The lease is subject to a rent review and tenant break option in June 2029.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C57.
Drive Thru & Restaurant
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: £78,600
Estimated rates payable for 2024/2025: £44,434
* 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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