Lot 14 - 167-177 Beersbridge Road, Belfast, Co Antrim, BT5 4RR

  • Unconditional Online Auction Sale
  • Guide Price* : £200,000

Guide Price* : £200,000

Prominent Commercial Block

  • Commercial parade comprising retail and offices over two levels
  • Maybe suitable for residential conversion subject to the necessary consents
  • Sold with the benefit of vacant possession

Location

The property occupies a prominent and accessible location on the Beersbridge Road. The property is located approximately 250 m from its junction with the main Castlereagh Road and Castlereagh Street. The nearby Castlereagh Road, one of Belfast’s main arterial routes, provides access to Belfast city centre. The surrounding area is predominantly residential with the main commercial presence located on Castlereagh Road, Castlereagh Street, Albertbridge Road, and Beersbridge Road itself. The surrounding road network provides ease of access to the north and east via the M2 and M3 motorways.

Description

The block comprises 3 no. retail units with office accommodation above. Externally the units benefit from glazed frontage onto the Beersbridge Road and electronic roller shutters. Internally the units benefit from plastered and painted walls, tiled and laminate wood flooring, security alarm, 3-phase electricity, fluorescent strip lighting and suspending ceilings. The property is currently split into 3 units over ground and first floors.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - D77

Viewing

Contact Osborne King’s Auction Team.

Planning

The commercial block maybe suitable for conversion to residential subject to the necessary approvals.

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 iOK Auction website (www.iokauction.com).

Land and Property Services Rates Assessment

Net Annual Values:
Unit 1 - £4,100
Unit 1A - £2,450
Unit 2 - £4,650
Unit 3 - £4,750

Rate in the £ for 2021/2022: £0.543147

Accommodation

1 2 3 4 5
Unit 1 825 sq ft (76.6 sq m)
Unit 2 825 sq ft (76.6 sq m)
Unit 3 920 sq ft (85.4 sq m)
Total 2,570 sq ft (238.7 sq m)

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Security Deposit

£9,520

Buyer's Administration Fee

£1,200

Guide Price*

£200,000

Vendors Solicitor

Katie Cooper, Cooper Wilkinson, Imperial Buildings, 38 Queen Elizabeth Road, Enniskillen, BT74 7BY
028 6632 2615

Document Links

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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.