Victoria Square is Northern Ireland’s leading shopping centre situated in the heart of Belfast City Centre. This landmark retail development extends to 922,000 sq ft and occupies a strategic position in the prime retail core.
Retailers represented within Victoria Square include Topshop, H&M, Apple, Hollister, Mango, River Island, Starbucks and Five Guys.
This excellent retail unit is arranged over ground floor only having the following approximate dimensions and floor areas:
Gross Frontage 27 ft 8.23 m
Internal Width 25 ft 7.62 m
Ground Floor Area 930 sq ft 86.4 sq m
The premises are held on a Lease for a term of 15 years from 1 February 2008 subject to upward only rent reviews every 5 years at a current rental of £195,000 per annum exclusive.
A reverse premium is available for an assignment, subject to covenant.
The Tenant may consider granting a sublease at a market rent – full details upon request.
We have been advised my Land and Property Services that the NAV of the subject property is £67,100. Rate on the £ in 2018/2019 – £0.602803, giving an annual rates bill of approximately £40,448.08.
Prices, outgoings and rent do not include VAT which may be chargeable.
Immediately upon completion of legal formality.
Strictly by appointment through Campbell Cairns (Tel: 028 9024 9024).