The property is located on the Castlereagh Road approximately 1.5 miles east of the city centre. The Castlereagh Road is a busy arterial route linking east Belfast to the city centre and as such benefits from a high level of passing vehicular and pedestrian traffic. The surrounding area comprises a mix of high density residential and independent traders.
The property comprises a 2½ storey mid terrace building of traditional construction covered with a pitched roof. Internally the property provides a mixture of retail spce and upper floor stores. Part of the property , numbers 98-102 is let to a charity with the remainder being vacant offering an excellent opportunity.
Note: Osborne King have not internally inspected numbers 104-104A.
Part let to a charity producing a rent of £3,600 per annum.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - F150
Contact iOK Auction Team.
We understand that planning permission was granted in 2008 under planning reference Z/2007/2096/F for the demolition of 98-104 Castlereagh Road and creation of 12 no. apartments with associated site works. Interested parties are advised to make their own independent enquiries.
Net Annual Value:
98-102 - £10,600
104 - £2,900
Rate in the £ for 2018/2019: £0.602803
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| No.s 98-102 (Charity shop) | ||||
| Ground floor | 186 sq m | (2,002 sq ft) | ||
| First floor | 160 sq m | (1,722 sq ft) | ||
| Second floor | 91 sq m | (980 sq ft) | ||
| Total | 437 sq m | (4,707 sq ft) | ||
| No.s 104-104A (Vacant - areas provided by client) | ||||
| Ground floor | 47 sq m | (501 sq ft) | ||
| First floor | 26 sq m | (281 sq ft) | ||
| Second floor | 16 sq m | (173 sq ft) | ||
| Total | 89 sq m | (955 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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