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757/759 Upper Newtownards Road, Belfast

Property ID: 1087
757/759 Upper Newtownards Road, Belfast,
Offers are invited over £300,000 plus VAT Sites
For Sale
  • 325
  • 0

Description

  • Highly prominent corner site on Upper Newtownards Road, Belfast
  • Located opposite Knock Golf Club and close to Stormont Estate
  • 33m frontage to Upper Newtownards Road
  • Site Area: 0.26 acre
  • Current Rental Income: £15,000 per annum

Location
The site is located at the corner of Upper Newtownards Road and Reaville Park, opposite Knock Golf Club and close to Stormont Estate. The surrounding area is a mixture of residential, leisure and office accommodation.

Description
Former petrol filling station site with the former retail unit and tanks remaining.

Site Area

0.11 hectare (0.26 acre)

Planning Permission

Planning permission was granted on 20 July 2010 for a temporary car wash facility on the site. [Y/2010/0170/F]

Planning permission was granted on 10 January 2013 for a 3 storey residential development comprising 11 apartments and associated site works, car parking and access. [Y/2011/0127/F]

Title

The premises are held by way of a 900 year lease from 1 November 1925 subject to an annual ground rent of £14.50.

The property will be sold with a restriction prohibiting its use as a convenience store or for the sale of fuel.

Price
Offers are invited over £300,000 plus VAT

VAT
The premises are registered for Value Added Tax.

NAV

£3,350 (car wash)

Rates Payable 2018/19

£2,019.39

Viewing
Strictly by prior appointment with RHM Commercial.

View Brochure

Additional Information

No additional information.