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Elizabeth House, 116-118 Holywood Road, Belfast, BT4 1NY

Office Property (24,409.00 sqft) Sold
of

Sold

Features

  • Highly accessible edge of town location
  • Investment/Asset Management opportunity
  • Currently producing an income of £199,710
  • Mix of private and government tenants

Location

The subject property occupies a highly accessible location on Holywood Road. Holywood Road is one of the main arterial routes in the east of the city and provides ease of access to the City Centre, George Best Airport, The M3 and the wider motorway network. The location benefits from excellent local amenities in both Belmont Village and the Holywood Arches, including cafes, convenience stores, bars and restaurants.

Full Description

The subject comprises 24,409 sq ft of DDA compliant office accommodation within a modern three storey office building, situated on a prominent roadside location.  The accommodation has been finished to a high specification throughout to include the following:- 
 
  • Raised access flooring
  • Comfort cooling
  • Oil fired central heating
  • Passenger lift
  • Suspended ceilings with recessed lighting
  • Alarm system, CCTV, keypad and swipe card entry 24/7
  • Toilet facilities on each floor  

In excess of 50 dedicated car parking spaces (surface and under croft) are provided to the front and rear of the building.  The property provides a rare opportunity to purchase a modern, purpose built office building in a market where stock levels of good quality Grade B and Grade A accommodation are diminishing.

Viewing Details

By special appointment with the sole selling agent, Lisney.

Accommodation

    Tenancy Schedule Size (sqm) Size (sqft) Net Annual Value

    Est. Rates Payable

    2015/16 Rate Year

    Part Ground Floor 381.82 4,110 £39,500 £22,650

    Part 1st Floor

    387.77 4,174 £39,500 £22,650
    Part 1st Floor 377.18 4,060 £38,300 £21,962
    Part 2nd Floor 380.90 4,100 £35,800 £20,520
    Part 2nd Floor 380.90 4,100 £36,300 £20,818
    TOTAL 1908.57 24,409    

    Energy Performance Certificate (EPC)
    The property has an energy rating of C65.  A full certificate can be made available on request. 

    Title
    We have been advised that the property is held long leasehold, subject to a nominal ground rent. 

    VAT
    All prices and outgoings quoted are exclusive of but may be subject to VAT.

Contact Details

Address: Montgomery House, 29-33 Montgomery Street, Belfast BT1 4NX
Telephone: +44-2890-501501 or you can also email us at property@lisney-belfast.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

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