Property Highlights

Prominent Restaurant and Mixed Use Investment in the Prestigious Malone Area

Fully Let producing a gross rental of £74,112 per annum

The Abacus Restaurant has been trading from this location for over 20 years and

have just signed a new 30 year lease

The property extends to approximately 5,890 sq.ft

Offers over £750,000 (No VAT Payable)



Location

The property occupies a prominent position on the prestigious tree lined Malone Road at the junction with Eglantine Avenue in South Belfast, opposite the Fisherwick Church. The Malone Road is one of the busiest arterial routes to and from Belfast City Centre (c.1 mile). The area has seen active investment in recent years, with neighbouring occupiers including The Harrison Boutique Hotel, Saga Restaurant, The Post House, The Botanic Inn along with various other residential and commercial developments. Belfast City Hospital and Queens University Campus are both located nearby.



Description

The subject property is an impressive period 4 storey End Terrace Grade B1 listed (HB26/28/059 A) building of c. 5,890sq. ft. with a three storey return. This late Victorian

Townhouse forms one of a terrace of nine similar houses comprising No.39-53 Malone Road, as a group they form an impressive terrace, originally named Windsor Gardens.

This imposing building with its impressive facade retains many ornate features

throughout. The property is multi-let with the largest tenant being The Abacus Cantonese Restaurant which has own door access from Eglantine Ave and occupies part ground

and part first floors. The remainder of the space is occupied by 9 tenants in 9 suites over part 1st- 3rd floors.

The accommodation has been refurbished and is well presented with finishes including a combination of carpets / tiles / laminate floor coverings, plastered / papered &

painted walls, a combination of LED, fluorescent & feature light fittings and many original ornate features