The subject comprises a red brick mid terrace commercial property with accommodation arranged over four floors and car parking to the rear, located on an attractive tree-lined street.
The ground floor is currently let as a hair salon, while the upper floors contain a number of offices which are all privately let. Internally the property is fitted out to a good standard, benefitting from carpeted floors, plastered and painted walls and fluorescent lighting.
While the property is currently arranged as a retail unit on the ground floor and offices on the upper floors, it will be sold with the benefit of Full Planning Permission for conversion to 3 apartments (2no. 1 beds and 1no. 2 bed) under planning reference LA04/2023/4423/F.
The subject comprises a red brick mid terrace commercial property with accommodation arranged over four floors and car parking to the rear, located on an attractive tree-lined street.
The ground floor is currently let as a hair salon, while the upper floors contain a number of offices which are all privately
The subject comprises a red brick mid terrace commercial property with accommodation arranged over four floors and car parking to the rear, located on an attractive tree-lined street.
The ground floor is currently let as a hair salon, while the upper floors contain a number of offices which are all privately let. Internally the property is fitted out to a good standard, benefitting from carpeted floors, plastered and painted walls and fluorescent lighting.
While the property is currently arranged as a retail unit on the ground floor and offices on the upper floors, it will be sold with the benefit of Full Planning Permission for conversion to 3 apartments (2no. 1 beds and 1no. 2 bed) under planning reference LA04/2023/4423/F.
Commercial investment producing a net rent of £31,612, exclusive, per annum
To be sold with the benefit of planning permission for conversion to 3 self contained apartments
Inviting offers over £425,000, subject to contact
The subject property is located on Elmwood Avenue, approximately 1 mile south of Belfast City Centre, which is conveniently accessed via Lisburn Road or University Road. Elmwood Avenue is an extremely popular location given it’s close proximity to Queens University, Botanic Gardens and a plethora of local amenities.
The property also benefits from excellent transport links, with access to the M1 motorway via the Broadway roundabout just 1 mile away, while there are multiple train stations and bus stops within walking distance.
The surrounding area contains a good mix of residential, commercial, educational and f&b uses. Occupiers in the vicinity include Queens University, Ulster Museum and Tesco Express, as well as a number of popular restaurants including Deanes at Queens, Villa Italia, A Peculiar Tea and Orto Pizza
The subject property is located on Elmwood Avenue, approximately 1 mile south of Belfast City Centre, which is conveniently accessed via Lisburn Road or University Road. Elmwood Avenue is an extremely popular location given it’s close proximity to Queens University, Botanic Gardens and a plethora of
The subject property is located on Elmwood Avenue, approximately 1 mile south of Belfast City Centre, which is conveniently accessed via Lisburn Road or University Road. Elmwood Avenue is an extremely popular location given it’s close proximity to Queens University, Botanic Gardens and a plethora of local amenities.
The property also benefits from excellent transport links, with access to the M1 motorway via the Broadway roundabout just 1 mile away, while there are multiple train stations and bus stops within walking distance.
The surrounding area contains a good mix of residential, commercial, educational and f&b uses. Occupiers in the vicinity include Queens University, Ulster Museum and Tesco Express, as well as a number of popular restaurants including Deanes at Queens, Villa Italia, A Peculiar Tea and Orto Pizza
The property will benefit from Full Planning Permission for “Change of use from Multi unit commercial use to 3 self contained apartments” under reference LA04/2023/4423/F.
We understand the property is held by way of freehold or long leasehold title. The vendor’s solicitor will provide title documents.
NAV: £18,500
Rates Poundage 2023/24: 0.599362
Rates Payable: £11,088
We are instructed to seek offers in excess of £425,000 exclusive, subject to contract.
All prices, outgoings and rentals are exclusive of, but may be liable to VAT.
Stamp duty will be the responsibility of the purchaser.
The property has an Energy Efficiency rating of D80. The full Certificate can be made available upon request.
As a business carrying out estate agency work we are required to verify the identity of both the vendor and the purchaser as outlined in the following: The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 – https://www.legislation.gov.uk/uksi/2017/692/contents. Any information and documentation provided by you will be held for a period of five years from when you cease to have a contractual relationship with Lisney. The information will be held in accordance with General Data Protection Regulation (GDPR) on our client file and will not be passed on to any other party, unless we are required to do so by law and regulation.
For further information:
Jonathan Haughey: 028 9050 1540 / 07718 571 498
jhaughey@lisney-belfast.com
Viewing Strictly by appointment with the sole selling/letting agent Lisney.
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5,092 sqft 
