Description

This is a great opportunity to acquire an office building in Lisburn fully let to quality tenants, most of whom have been in occupation for several years. Income – £111,207.50 p.a.

The building was built to a high standard in 2005 and has been fully let ever since to tenants attracted by the ease of access, good car parking and proximity to the train station. It has a secure car park for 31 cars.

It consists of a 2 storey and 3 storey element and a central lobby area, with lift access to all floors. There is a small 2 storey unit with a separate access at the end of the building.

TENANCY SCHEDULE
Tenant                                        Sq Ft                                      Expiry
Unit 1 JT MAXWELL                   1,655                                     Jun-31
Unit 2 JT MAXWELL                   1,988                                     Jun-31
Unit 3 IVA WATCH (Aryaz)          1,775                                     Apr-30
Unit 4 IVA WATCH (Aryaz)          2,060                                     Apr-30
Unit 5 ARYAZ                              2,140                                     Apr-30
Unit 6 Music for Life                    1,194                                     Apr-30

Total Annual Rent                                                                  £111,207.50
Rent inclusive of car parking.

Price

Rates

VAT

Accommodation

Unit             Tenant                            Sq Ft                Expiry
Unit 1           JT MAXWELL                1,655              Jun-31
Unit 2           JT MAXWELL                1,988              Jun-31
Unit 3           IVA WATCH (Aryaz)       1,775              Apr-30
Unit 4           IVA WATCH (Aryaz)       2,060              Apr-30
Unit 5           ARYAZ                           2,140              Apr-30
Unit 6           Music for Life                 1,194              Apr-30

Total                                                  10,812
Total Annual Rent                            £111,207.50 (rent inclusive of car parking)

Contact

Stephen Deyermond
07968 727196
stephen.deyermond@tdkproperty.com

Myles Elliott
07526 566679
myles.elliott@tdkproperty.com

Location

Lisburn is a strategically positioned city located approximately 8 miles southwest of Belfast, making it an attractive office investment location within the wider Belfast metropolitan area. The city benefits from excellent connectivity via the M1 motorway, direct rail links to Belfast and Dublin, and convenient access to both Belfast International Airport and George Best Belfast City Airport. Lisburn offers a combination of lower occupational than central Belfast, a skilled labour pool drawn from the surrounding catchment area, and a strong local economy supported by advanced manufacturing, professional services, technology, and public-sector employment.

The subject property is situated off Wallace Avenue, which is considered the main commercial and office hub of Lisburn. Wallace avenue has easy access to both Lisburn City Centre, Wallace Park and the local Train Station, which provides access to Dublin and Belfast.

Lease

EPC

Attachments