501-503 Antrim Road Bt15 3Bp

Situated in a highly prominent location close to the junction with Glandore Avenue.

Extending to approx. 167.60 sq.m / 1,804 sq.ft.

Suitable for a variety of domestic and non-domestic uses, subject to any necessary statutory consents. A long-established Hot Food use on the ground floor, with the upper floors having been used for Beauty and office uses.

Offers over £200,000 exclusive, subject to contract.

Location

The Antrim Road is a main arterial route through North Belfast, connecting the northern suburbs and Glengormley to Carlisle Circus and Belfast City Centre, benefiting from high volumes of vehicular and pedestrian traffic and being well served by public transport.

The subject property occupies a highly prominent and accessible position on the Antrim Road close to its junction with Glandore Avenue, approximately 1.5 miles north of the City Centre. The locality comprises an array of commercial uses and high-density residential development with a wide range of neighbouring commercial occupiers from solicitors to medical to retail and hot food with an Iceland Supermarket nearby.

Description

A four-storey end terrace property of a traditional construction beneath pitched roofs with a small enclosed yard to the rear.

The ground floor comprises a Hot food takeaway currently occupied as an Indian let at a passing rent of £7,800 per annum exclusive. The first floor currently available to rent has been used as a taxi office and most recently as a beauticians with an asking rent of £5,200.00  per annum exclusive. The second floor is occupied by a property agent at a passing rent of £2,600 per annum.  The third floor is currently vacant and has an asking rent of £2,600.00 per annum exclusive, suitable for a range of office occupiers.

Each floor has its own WC and kitchenette. 

Current rental income – £10,400.00 per annum 

Potential rental income – £18,200 per annum

Accommodation

The property provides the following approximate internal areas:

The ground-floor unit comprises a WC, kitchen, and two storage units with a total NIA of 35.32sq.m/ 380 sq. ft

The First-floor offices – 46.27sq.m/ 498sq. ft

The Second-floor offices – 46.06sq.m/ 496sq. ft

The Third-floor offices – 39.95sq.m/ 430sq. ft

Totalling – 167.60 sq.m / 1,804 sq.ft.

Tenure

We understand that the property is held Long Leasehold, subject to a nominal ground rent.

Price

Offers invited in excess of £200,000 exclusive, subject to contract.

VAT

All prices, rentals, and outgoings are quoted exclusive of but may be liable to Value Added Tax. We understand that the property is not elected for VAT.

Early viewing is highly recommended as we expect demand to be high. Viewings are by appointment only, so please contact us on 028 90 683 711 or email info@hustonestateagents.com

Please do not forget to register on www.douglashuston.com to receive special offers and alerts on properties about to come on the market. Please note that we have not tested the services or systems in this property.

Purchasers should make/commission their own inspections if they feel it is necessary. As part of the money laundering regulations, it is necessary that any party interested upon making an offer on the property will be required to provide photographic ID, utility bills, and proof of funds. Early viewing is highly recommended as we expect interest to be strong.