Lot 2 - 328 Woodstock Road, Belfast, County Antrim, BT6 9DP

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000

Guide Price* : £90,000

Prominent Investment (Tenant Unaffected)

  • Rental income £9,000 p.a.
  • 964 sq ft (89.6 sq m)
  • Located on the busy Woodstock Road

Location

The building is situated on Woodstock Road at its junction with Hatton Drive, a busy arterial route to and from Belfast. The property is located on busy area of the Woodstock
Road benefitting from good footfall with a mix of local commercial occupiers to include Winemark and Vivo. The surrounding area comprises densely populated residential area.

Description

This is a prominent corner commercial property which is fitted to a high standard to provide a modern office over ground and mezzanine floors. The unit benefits from gas fired heating, suspended ceiling, carpet flooring and is secured with roller shutters.

Tenancy

The property is fully let on a lease with effect from 1 February 2025 for a term of 3 years at an annual rent of £9,000.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - C55.

Viewing

Contact Osborne King’s Auction Team.

VAT

All figures quoted are exclusive of and may therefore be liable to VAT.

Title

Please refer to vendor’s solicitor for Title Pack or download from the OK Auction website (www.osborneking.com/online-auctions).

Land and Property Services Rates Assessment

Net Annual Value: £5,100
Estimated Rates payable: £3,057

Accommodation

1 2 3 4 5
Ground Floor 538 sq ft (50 sq m)
Mezzanine 426 sq ft (39.6 sq m)
Total Net Internal Area 964 sq ft (89.6 sq m)

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Security Deposit

£10,000

Buyer's Administration Fee

£1,200

Guide Price*

£90,000

Vendors Solicitor

Richard McEvoy, Eamonn McEvoy Solicitors & Co, 22 Church Place, Lurgan, BT66 6EY
028 3832 7734

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* 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.