2-10 Orangefield Lane, Belfast, Antrim, BT5 6BW

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£425,000

Typical Mortgage

per month

Investment Property

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Description & Features

Prominent commercial block of property occupying a prominent position on Orangefield Lane, East Belfast.
Fully Let to a barbers, café, hair salon, butchers, and a mini market, producing a total rent of £38,000 per annum.
Comprises of five commercial premises, extending to approximately 2,758 sq ft.
Positioned within a popular residential area, benefitting for high volumes of passing traffic/trade.
Lands situated adjacent to 2 Orangefield Lane are included within the sale and may have development potential, subject to any required statutory consents.

The subject property comprises of five adjoining single storey commercial premises. Each of the premises are currently occupied providing for a good tenant mix.

Tenants include a barber that trades as ‘Holdfast’, a café that trades as ‘Late’, a hair salon that trades as ‘Hair City’, a butcher that trades as ‘Orangefield Butchers’, and a mini market that trades as ‘Nearby’. Each of the premises are fitted out to a good standard, to suit the use of the operators.

Belfast is the capital of Northern Ireland with a population extending to approximately 650,000, the 15th largest city in the UK, and a catchment population in excess of one million people within a 20-minute drive time. The city is situated approximately 104 miles north of Dublin and 75 miles southeast of Derry/Londonderry.