The Hub, 45-47 Ravenhill Road,

Features

• Fully let mixed use commercial building comprising c. 10,928 sq ft.
• Opportunities to asset manage space and maximize rental income.
• Currently producing a Net Income of approximately £63,500 p.a.
• Seeking offers in the region of £650,000 which reflects a Gross Yield of 10.24%.

Fantastic opportunity to acquire a fully let mixed use commercial building, within a short walk of Belfast City centre, comprising c.10,928 sq ft.

The subject property occupies a highly prominent position on the Ravenhill Road which is one of the main arterial routes into Belfast City Centre.

The building’s location means that it benefits from excellent transport links and allows for easy access into Belfast City Centre, the Titanic Quarter and M2 & M3 motorways.

The property comprises a substantial commercial building extending to c.10,928 sq ft over two floors and offers a range of accommodation under one roof, housing 7 tenants. The property is fully let producing a net income of £63,500 per annum.

Externally new PVC windows have been installed to the ground and first floors of the building as well as the side return. New electric roller shutters and aluminium glass doors have been fitted to all external entrances and the main entrance lobby into ‘The Hub’ has been refurbished to include a tiled floor, plastered and painted walls, new lighting and a new bespoke tick tack staircase has been installed.

Internally the building comprises a number of smaller and larger units which have been finished to include plastered and painted walls, strip lighting and gas heating.

Nearby occupiers include Howdens, Martin Philips Carpets, Screwfix, City Vets, Polita and Wood Floor Warehouse.

Please download the property brochure or contact joint agents, Frazer Kidd or Riddell McKibbin for further information.