51-55 Adelaide Street,

Location
51-55 Adelaide Street is located in Belfast's prime central office location, immediately to the south of the City Hall.

The location is in the heart of Belfast's commercial core and is very accessible both by public transport and car.

This Unique former Linen warehouse building occupies a prominent site at the corner on Adelaide Street and Clarence Street.

Occupiers on Adelaide Street include Belfast City Council, Liberty IT, Trelliant, HSBC, PureGym, Options IT, Wellington IT, the Bank of England and Titanic Suites serviced offices.

This area is very well served by amenities - Starbucks & Café Nero on Adelaide St and Ormeau Avenue / Pure Gym directly opposite / hotels within 5-10 minute walk include
the Grand Central Hotel on Bedford Street; the Premier Inn on Alfred Street; Radisson Blu in the Belfast Gasworks site; the Clayton Hotel on Ormeau Avenue; Ten Square on
Linenhall Street.

Description
The building is a six-storey former linen warehouse, built in the early 1900s, converted to provide attractive office accommodation featuring exposed brick and steel column
interiors.

There is a double height entrance lobby to the offices, with a 10-person Otis lift serving the office floors.

The floors are a regular shape with excellent natural light from the building's twin frontages to Adelaide Street and Clarence Street. There is WC accommodation on each
floor.

The ground floor is currently fitted out as a restaurant and has entrances from both Adelaide Street and Clarence Street.

The building benefits from gas fired central heating.

The property could easily be occupied by an owner occupier, relet as an office investment or acquired for refurbishment again to offices, serviced offices, residential serviced apartments, Boutique Hotel or backpackers accommodation given its prime location subject to any necessary statutory consents.

Accommodation
The premises provides the following approximate net internal areas:

Ground Floor 167 Sq M 1,800 Sq Ft
First Floor 232 Sq M 2,500 Sq Ft
Second Floor 232 Sq M 2,500 Sq Ft
Third Floor 232 Sq M 2,500 Sq Ft
Fourth Floor 232 Sq M 2,500 Sq Ft
Fifth Floor 232 Sq M 2,500 Sq Ft
Total Area 1,327 Sq M 14,300 Sq Ft

Sales Details
Price: Offers in excess of £1,950,000 exc
Title: Assumed Freehold.

NAV
The NAV of the entire property is £211,000. Rates payable currently of approx £120,736pa.
Please note that the building is B2 Listed and hence is exempt from vacant rates.

VAT
Please note all prices and outgoings are quoted net of VAT which may be chargeable.

EPC
The property has an Energy Performance rating of D85.