Unit UG31 Victoria Square, Belfast

LOCATION

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.
ACCOMMODATION

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

 

LEASE

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.
INCENTIVE

A reverse premium is available for an assignment, subject to covenant.

 

SUBLEASE

The Tenant may consider granting a sublease at a market rent – full details upon request.

 

RATEABLE VALUE

 

We have been advised my Land and Property Services that the NAV of the subject property is £67,100. Rate on the £ in 2017/2018 – £0/592681, giving an annual rates bill of approximately £39,768.

 

VAT

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

 

TIMING

Immediately upon completion of legal formality.

 

VIEWING

Strictly by appointment through Campbell Cairns (Tel: 028 9024 9024).

 

EPC

43

 

 

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