79 Belmont Road,

A popular and prime Hotfood takeaway lease sale by way of assignment.

Lease purchase is £100,000 including all fixtures and fittings a schedule is available upon request.

Current lease of £15,500 beginning on 01/02/21 and expiring on 31/01/2031 with rent reviews every 3 years

NAV of £9,250 (as per LPS), rates of approximately £5,544.10

All prices are exclusive of VAT

The approximate Net Internal Area is 808 sq.ft

Description 

The property is situated on a popular commercial street surrounded by a number of Healthcare, Beauty Salons & Cafes. The large number of amenities and readily available public transport links to and from areas such as Belfast City Centre make this area an excellent business trading destination.

The property comprises a ground-floor takeaway benefiting from prime frontage with excellent visibility to the Belmont Road, combined with first-floor storage and staff areas. Local occupiers include AM/PM Estate Agents, Morelli's & Belmont Foot Clinic.

A full schedule of Fixtures and Fittings is available from the office, the seller will provide handover/training as necessary. 

The Belmont Bethany has been a highly successful Fish & Chip shop for over 50 years and continues to be so only available due to retirement this is an excellent opportunity to take over a lease of a business that continues to be trading and will be generating turnover from day 1.

Area

The approximate Net Internal Area is 808 sq.ft

Lease Details

Passing Rent £15,500 per annum exclusive
Term of 10 years beginning 01/02/2023 and expiring 31/01/2031 (7 years remaining) 
Rent Review - next due February 2027

NAV of £9,250 (as per LPS), rates of approximately £5,544.10

Buildings Insurance 2023/2024 - £842.45 arranged by the Landlord to be reimbursed by the Tenant

All prices are exclusive of VAT

Viewings

Strictly by appointment only all interested parties should direct their interest to:

Douglas Huston 

028 9068 3711

[email protected]

All properties are subject to 5% management fee plus VAT on the annual rent.

Service Charge will be applicable to all properties that are not completely standalone/self-contained units.
Buildings Insurance is arranged by the Landlord and reimbursed by the tenant annually. Where rent is quoted per week the rent is payable monthly in advance; calculated by multiplying the weekly rent by 52 and dividing by 12.

All tenancies are subject to a minimum one-quarters deposit and a guarantor. All applicants will be required to fill in an application form.

All details are subject to contract and without prejudice.