Retail To Let

Retail
RETAIL
To Let
CONTACT US
Prime Retail/ Restaurant Premises
Strictly by prior appointment
with Colliers International, through:
Jonathan Millar or Glen Ferguson
028 9024 1500
[email protected]
[email protected]
Property Ref: RET511
44-48 Dublin Road, Belfast
c. 4,740 sq ft
Colliers International
32-38 Linenhall Street
BELFAST
BT2 8BG
www.colliers.com/belfast
44-48 Dublin Road, Belfast
LOCATION
The subject property is located in a pivotal position on Dublin Road, approximately 500 meters South of Belfast City Hall,
in close proximity to the BBC headquarters.
Dublin Road is regarded as one of Belfast’s main entertainment and commercial locations with occupiers including Movie
House Cinema, Ulster Bank, Tesco Express, The Square Restaurant, Auntie Annie’s Bar, The Thai Village Restaurant,
William Hill Bookmakers, Under Ground Café & Pizzeria, Pronto Sandwiches, Archana Indian Cuisine, Four Seasons
Chinese Restaurant and Subway Sandwiches etc.
DESCRIPTION
The subject property is a former Pizza Hut restaurant trading over ground and first floor.
The premises benefit from a double height glazed frontage onto Dublin Road and is fully fitted / decorated as a family
restaurant including carpeting, spotlighting, WC facilities and staff / kitchen facilities.
ACCOMMODATION
We estimate the main dimensions and Net Internal Areas to be as follows:
Ground Floor Sales:
c. 225.85sq m
c. 2,431 sq ft
First Floor:
c. 214.6 Sq m
c. 2,310 sq ft
LEASE DETAILS
Term:
The premises are available on the basis of a new 15 year FRI lease, subject to upward only rent
reviews on the 5th and 10th anniversaries of the lease.
Rent:
Offers in excess of £80,000 p.a.x.
RATEABLE VALUE
We are verbally informed by the Valuation & Lands Agency that the current NAV for the subject is £24,400.
Rate in £10/11 – 0.536225. Estimated rates payable £ 13,083 per annum.
Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees,
and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or
Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the
correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty
whatsoever in relation to this property.
Colliers International is the licensed trading name of Colliers International Belfast Limited. Company Registered in Northern Ireland
No. NI 27116. Registered office: Norwich Union House, 7 Fountain Street, Belfast BT1 5EA.
44-48 Dublin Road, Belfast
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction with the ingoing tenant being
responsible for Stamp Duty, Land Tax, Registration Dues and VAT incurred thereon.
VAT
Prices outgoings and rentals are exclusive of but may be liable to Value Added Tax.
Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees,
and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or
Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the
correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty
whatsoever in relation to this property.
Colliers International is the licensed trading name of Colliers International Belfast Limited. Company Registered in Northern Ireland
No. NI 27116. Registered office: Norwich Union House, 7 Fountain Street, Belfast BT1 5EA.
44-48 Dublin Road, Belfast
LOCATION PLAN
Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees,
and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or
Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the
correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty
whatsoever in relation to this property.
Colliers International is the licensed trading name of Colliers International Belfast Limited. Company Registered in Northern Ireland
No. NI 27116. Registered office: Norwich Union House, 7 Fountain Street, Belfast BT1 5EA.