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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.