FOR SALE

PROMINENT FULLY FITTED COFFEE SHOP

127-137 ROYAL AVENUE, BELFAST

LOCATION

Royal Avenue is the main thoroughfare in Belfast City Centre linking the City Hall to the new University of Ulster. The coffee shop occupies a highly prominent corner position adjacent to the new University Campus with over 15,000 students, many of whom live in the newly built student accommodation in the immediate vicinity. The surrounding area is benefitting from major regeneration with many new businesses seeking representation.

DESCRIPTION

The coffee shop is fully fitted and ready for a new occupier to commence trading straight away. The property is arranged over ground floor. The sale includes all current fixtures and fittings including coffee machines, display fridges/cabinets and furniture.

ACCOMMODATION

Ground Floor Coffee Shop 1431 sq ft 132.94 sq m

Plus Male, Female and Accessible WC

CURRENT LEASE DETAILS

Term: Lease up to and including 31st March 2025

Rent: £16,300 per annum exclusive

PRICE

Premium offers of £50,000 plus VAT for the lease and all current fixtures and fittings, subject to contract.

NAV

We have been advised by Land and Property Services that the NAV of the property is £12,000, therefore rates payable are approximately £6,866.65.

TIMING

Immediately upon completion of legal formalities.

VAT

Prices, outgoings and rent do not include VAT which may be chargeable.

EPC

E107