Fully Let Office Investment

Key Points

• Belfast, the capital of Northern Ireland is the 12th largest city in the United Kingdom and the 2nd largest on the island of Ireland.
• The subject property is situated off Malone Road, which is one of the most affluent residential locations of South Belfast.
• Fully let to Power NI Energy Limited with a total rental income of £133,749 per annum.
• The premises comprises of a purpose built 2 storey office block extending to 12,159 sq ft.
• Power NI is part of the Energia Group which is one of Ireland’s top 50 businesses.
• Power NI Energy Limited has a CreditSafe score of 100/100 representing “Very Low Risk”.
• The investment provides a WAULT of 1.98 years term certain and 3.40 years to lease expiry.

Description

The premises comprises of a purpose built 2 storey office block, which sits between Forestwood and Bridgewood House. The property front onto the main car park within the office development. The property is easily visible when entering the park.

The property comprises a modern office building constructed on a steel frame with cavity walls and red facing bricks externally. The front facade is clad with timber panelling and there are feature glass blocks to the top atrium hall. There are plastered and painting walls, suspended ceilings with a combination of spot LED's and recessed LED light boxes.

The subject benefits form 32 designated car parking spaces on site.

Available area