6 Prince Regent Road, Belfast, BT5

Prominent warehousing and refurbished offices in self contained c. 2.3 acre site with planning consent for development of 28 No. own door office units totalling c. 70,000 sq ft

Prominent location off the Castlereagh Road within Castlereagh Industrial Estate in East Belfast, easily accessible to the City Centre, Belfast Docks, George Best City Airport and the M1 / M2.

The main high bay warehouse is of portal steel frame construction with a smooth screed concrete floor with translucent panels providing excellent natural light. It enjoys an eaves height of c. 27ft and excellent circulation / marshalling areas and is accessed via a covered loading bay serviced by 3 roller shutters on one side with an additional loading bay serviced by one roller shutter on the other side.

The refurbished office block to the front provides accommodation over ground and first floors (with stores on the second floor) and is fitted to include carpeted flooring, painted and plastered walls, suspended ceilings with recessed lighting, new double glazed windows, oil fired heating, kitchen and WC facilities.

The two external stores have smooth screed concrete floors, suspended lighting and are accessed via roller shutters.

Well known adjoining occupiers in the area include BOC Gas, Royal Mail, AAH Pharmaceuticals, Brow Packaging, Charles Hurst Motorcycles, Euro car Parks, Fyfes and NIAVAC.

Accommodation

GROUND FLOOR OFFICES - 153 sq m (1,644 sq ft)

FIRST FLOOR OFFICES - 406 sq m (4,371 sq ft)

SECOND FLOOR - 79 sq m(853 sq ft)

MAIN WAREHOUSE (eaves c. 27ft) - 2,228 sq m(25,164 sq ft)

LOADING BAY (eaves c. 18ft) - 218 sq m (2,350 sq ft)

EXTERNAL WAREHOUSE 1 (eaves c. 14ft) - 225 sq m(2,418 sq ft)

EXTERNAL WAREHOUSE 2 (eaves c. 11ft)- 557 sq m(6,000 sq ft)

TOTAL - 3,9766 sq m (42,800 sq ft)

Planning

The property also benefits from a live planning consent for 28 No. own door offices in 7 No. pavilions (Planning Ref: Y/2009/0058/F) providing an opportunity to create an office park similar to the very popular and successful Castlereagh Business Park which adjoins the site with estimated rental and capital values of c. £12 per sq ft and c. £130 per sq ft respectively.

Sales Details

PRICE - Offers over £1,700,000

TITLE - Freehold

NAV / Capital Value

We are advised by the Land and Property Service that the current NAV for the subject is £81,400. The commercial rate in the pound for 2016/2017 is £0.582601, therefore the current rates payable are £47,424 per annum

VAT

All prices, charges and rentals are quoted exclusive of VAT, which is payable.