Former Bank Premises
The subject property occupies a prominent corner position on the Lisburn Road, at its junction with Bawnmore Road in this affluent south Belfast suburb. The Lisburn Road is one of the main arterial routes to and from Belfast City Centre and benefits from high levels of pedestrian footfall and passing traffic.
The surrounding locality provides a vibrant mix of local and national retailers, boutiques, services providers, cafes, bars and restaurants with occupiers including Fred J. Malcolm Jewellers, Medicare Pharmacy, Jojo Maman Bebe, Hugo Thomas, Ian Thompson Interior Design, Bang & Olufsen, Knotts Bakery and The Bowery.
The subject property comprises a Grade B2 Listed (Ref No. HB26/18/065) detached two-storey (plus basement) former bank building which has been extended at ground floor to the side and rear. Of traditional construction with a flat roof and timber framed single glazed windows, it is finished externally with facing brick and decorative plasterwork around the entrance door and at roof level. There is parking to the front and side of the building to accommodate c. 8 cars.
Internally the ground floor is arranged to provide a double height former banking hall with ancillary open plan and private office accommodation and WC facilities. The basement houses a strong room, comms room, stores and boiler room, whilst the first floor provides a meeting/boardroom and staff kitchen.
Internal fit out includes:
- Plastered & painted walls.
- Tiled, carpeted & vinyl floor coverings.
- Part plastered, part suspended ceilings.
- Range of recessed and surface mounted fluorescent and spot lighting.
- Gas fired central heating.
- Partial air-conditioning.
The premises provides the following approximate net internal areas:
Basement: 960.79 sqft (89.26 sqm)
Ground: 2,015.79 sqft (187.27 sqm)
First: 384.81 sqft (312.28 sqm)
Total: 3,361.39 sqft (312.28 sqm)
The property occupies a site area of approximately 0.136 acres (0.055 ha).
We are advised that the property is held Long Leasehold. Please contact the agent for further details.
We have been advised by Land & Property Services that the Net Annual Value is £32,100 resulting in rates payable of approximately £17,435 for the year 2021/22, based on Rate in £ of 0.543147.
Offers in the region of £625,000 exclusive, subject to contract.
We are advised that the property is not elected for VAT.