100 University Street, Belfast, County Antrim, BT7 1HE
£275,000
Auction information
To be auctioned at Online Auction on
Description & Features
This is a an extended 3 storey end terrace period property. The building is arranged over ground, first, second and third floors and provide a range of office suites. Internal finishes include; painted and plastered walls, carpeted floors, oil fired central heating and a fitted kitchen. The premises are currently being used for the purpose of offices but have existing planning permission for conversion to residential use.
Accommodation
Net Internal Area
2,233 sq ft (207.50 sq m)
Tenancy
We are advised that the current gross income is to be confirmed (awaiting tenancy schedule) with the potential for this to be increased the income by letting the vacant units.
Rental income (per annum)
Suite 1 - £4,740
Suite 2 - £2,800
Suite 3 - £2,340
Suite 4 - VACANT
Suite 101 - VACANT
Suite 102 - £3,000
Suite 103 - VACANT
Suite 104 - £5,532
Suite 201 - £1,950
Suite 202 - VACANT
Suite 203 - VACANT
Suite 204 - VACANT
Total rent per annum - £20,362
Further information is available on request.
EPC
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - G173.
Viewing
Contact Osborne King’s Auction Team.
Planning
The property benefits from Planning Permission for a change of use from offices to 5 self contained apartments under application LA04/2020/1304F. Planning permission was granted in June 2020.
Ground Floor - 2 x 1 bed apartments
First Floor - 2 x 1 bed apartments
Second Floor - 1 x 2 bed apartment
All interested parties should make their own enquiries.
Open viewing - Thursday 20th June 2024 - 2.30-3.00 pm
- Lot 05
- To be sold at the OK Online Auction 28 June 2024
- Maximum Reserve: £275,000
- Income Producing Commercial Investment
- Prominent commercial investment building
- Income producing
- Benefits from planning for 5 no apartments
Housing Tenure
Type of Tenure
Not Provided
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