336 Lisburn Road,

Features

• Three-storey retail/office building
• Prime suburban retail/office location
• Potential to redevelop upper floors into apartments
• Cafe to ground floor, holding over on existing lease, but in a location where re-letting should be readily secured if required
• Rental income on upper floors has not been increased for many years, allowing great scope to increase rent to current levels

This is a superb investment or development opportunity for the discerning purchaser.
The property is situated in a vibrant commercial location on the busy Lisburn Road. Nearby occupiers includes; Cafe Nero, Ludlow, Bao Bun and Cafe Fish.
Current total rental income is £ 21,000 with occupiers of ground floor and upper floor holding over on expired leases thus allowing scope to increase rental income or, in due course redevelop to present day standards.
LEASES:
Ground floor:
Tenant: Danielle Wong t/a 'Brew & Bake'.
Rent: £16,000
Notice to Determine under Business Tenancies Order proposing a new 6 year lease from 1st February 2025 at a rent of £16,0000 per annum.
First/Second Floor:
Tenant: Nikki Garrett and Helen Graham t/a H&N Councelling
Rent:

Ground Floor

CAFE:

688 sq ft (64 sq m). Kitchen: Utility/Stores.

Upper Floors With Separate Entrance

Ground Floor

ENTRANCE HALL:

First Floor

OFFICE 1:

231 sq ft (21.5 sq m).

OFFICE 2:

121 SQ FT (11.2 SQ M).

OFFICE 3:

135 sq ft (12.5 sq m).

KITCHEN:

12 sq ft (1.1 sq m).

SERVICE WC:

Second Floor

OFFICE 4:

107 sq ft (9.9 sq m).

OFFICE 5:

103 sq ft (9.6 sq m).

OFFICE 6:

107 sq ft (10.0 sq m).

TOTAL:

816 sq ft (76 sq m).

VAT:

We are advised that the property is not registered for VAT.

Directions

Coming out of City Centre, on left hand side of Lisburn Road opposite Marks and Spencer.