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 £43,600. Rate on the £ in 2019/2020 – £0.614135, giving an annual rates bill of approximately £26,776.28.

 

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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