Key Information
Address | 407 Ormeau Road, Belfast |
---|---|
Includes Rates | No |
Viewable From | 19/07/21 |
Available From | 01/09/21 |
Lease | 60 to 120 months |
Style | Restaurant/Cafe |
Status | Let agreed |
Rent | £14,300 / year |
Additional Information
LOCATION
The Ormeau Road is a popular surburban neighbourhood in the south east of the city. With an eclectic mix of specilaity retailing, coffee shops, restaurants and bars, the area has thrived in recent years.
The area is also a popular residential location with both families and yound professionals as there are a number of well regarded schools and is only a short commute to the city centre.
In addition, there are a number of other amenities such the Ormeau Park, Lagan Tow Path and Botanic Gardens, all within a short walk.
DESCRIPTION
L'Etoile, which has been trading on the Ormeau Road for 23 years, is a household name in the restaurant sector in Belfast.
The three storey building offers seating at ground and first floor with 52 covers in total.
ACCOMMODATION
Ground Floor
Restaurant 370 sq.ft
Kitchen 85 sq.ft
Prep Area 55 sq.ft
Dry Store 19 sq.ft
First Floor
Male and female w.c's
Restaurant 275 sq.ft
Second Floor
Stores 227 sq.ft
LEASE DETAILS
Term The premises are held for a term of 5 years from 17th April 2017.
Rent £11,000 pa
Rent Review There is a review due as of 17th April 2020.
VAT All prices, outgoings and rentals are exclusive of, but may be liable to VAT.
NAV £9850. Rate in £ for 2019/2020 is 0.614
Repairs Full repairing and insuring lease.
PREMIUM Offers invited for the leashold interest, goodwill, fixture and fittings.