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20A Cedarhurst Road, Newtownbreda Industrial Estate, Belfast

Property ID: 977
20A Cedarhurst Road, Newtownbreda Industrial Estate, Belfast,
United Kingdom
Price £150,000 Investment
For Sale
  • 157
  • 0
  • 4,575 sq ft

Description

  • Portal frame industrial premises on self-contained site
  • Gross Internal Area: 425.0 sq m (4,575 sq ft)
  • Rental Income – £12,500 per annum

Location

Located in Newtownbreda Industrial Estate, off Beechill Road in South Belfast. Easy access onto the A55 ring road and the A24 Saintfield Road. Other nearby occupiers include We are Vertigo, Breezemount Electrical and Greenville Industrial.

Description

Portal frame industrial premises on self-contained site with 2 roller shutter doors and palisade fence. The property comprises warehouse/workshop premises, office accommodation and forecourt. The entire property is let to Paul Glennon t/a Beechill Auto Repairs & Tyre Centre on a full repairing and insuring lease until October 2027 with a tenant’s break clause in 2022.

Accommodation

Gross Internal Area
425.0 sq m (4,575 sq ft)

Tenancy Details

Tenant
Paul Glennon t/a Beechill Auto Repairs & Tyre Centre

Term
10 years from 18 October 2017 (expiring 17 October 2027).

Rent
£12,500 per annum.

Rent Review
Upwards only effective 18 October 2022.

Tenant Break Clause
17 October 2022.

Repairs & Insurance
Full repairing and insuring.

NAV
£16,500
Rates Payable 2018/19
£9,169

PRICE
Offers over £150,000

Title
Freehold or long leasehold, subject to ground rent.

VAT
The premises are not registered for Value Added Tax.

Viewing
Strictly by prior appointment with RHM Commercial.

View Brochure

 

Additional Information

No additional information.