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13-17 Amelia St 2,696 sq ft 100% Let Retail Property Belfast BT2 7GS £750,000 (£278.19/sq ft) 8.53% Net Initial Yield



Investment Highlights
- Fully let city centre investment
- Income: £64,000 per annum
- Strong tenant mix (Wineflair, Little Italy, Rayles Diners)
- Prominent location off Great Victoria Street
Executive Summary
A superb fully let city centre investment opportunity located on Amelia Street, Belfast. The property is multi-let to established tenants including Wineflair, Little Italy and Rayles Diners, generating a total rental income of £64,000 per annum.
The ground floor tenants are secured on long-term leases with expiries extending to 2035 and 2040, providing strong income security.
The property also benefits from full planning permission for the upper floors to be converted into four self-contained apartments (2 x one-bedroom and 2 x two-bedroom units), offering significant asset management and future value enhancement potential.
The ground floor tenants are secured on long-term leases with expiries extending to 2035 and 2040, providing strong income security.
The property also benefits from full planning permission for the upper floors to be converted into four self-contained apartments (2 x one-bedroom and 2 x two-bedroom units), offering significant asset management and future value enhancement potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Size
2,696 sq ft
Costar Property Class
B
Year Built
1900
Price
£750,000
Price per sq ft
£278.19
Yield
8.53%
NOI
£63,975
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.55
Total Plot Size
0.04 ac
Amenities
- Restaurant
- Security System
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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13-17 Amelia St
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