Log In/Sign up
Your email has been sent.
The Lodge 123-127 New Lodge Rd 4,131 sq ft 100% Let Retail Property Belfast BT15 2BX £295,000 (£71.41/sq ft) 15.59% Net Initial Yield
Investment Highlights
- Substantial two-storey licensed premises.
- Prominent corner site.
Executive Summary
Substantial two-storey licensed premises occupying a prominent corner site in the New Lodge. The subject is currently leased and internally it is laid out to provide a ground floor public bar with first floor lounge/games room.
Lease Details
The subject is currently leased, and we would outline the salient details as follows:
Term: 10 years from 01 August 2017
Passing Rental: £46,000 per annum exclusive with annual uplifts of £2,000
Lease Details
The subject is currently leased, and we would outline the salient details as follows:
Term: 10 years from 01 August 2017
Passing Rental: £46,000 per annum exclusive with annual uplifts of £2,000
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
4,131 sq ft
Year Built
1980
Price
£295,000
Price per sq ft
£71.41
Yield
15.59%
NOI
£46,000
Occupancy Rate
100%
Number of Floors
2
Frontage
105 ft on New Lodge Road
Amenities
- Corner Lot
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Lodge | 123-127 New Lodge Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.