FOR SALE
Investment Opportunity

Key Points

• Located on the ground floor mall level of the Park Centre Shopping Centre in West Belfast, the unit occupies a prominent position visible to high levels of day-to-day foot traffic
• The unit is currently let in its entirety to Boots UK Limited on a 5-year lease from 1st January 2025
• Passing rent of £20,250 per annum exclusive
• We are instructed to seek offers in excess of £225,000 exclusive

Location

Belfast is the capital of Northern Ireland and the second largest city on the island of Ireland. It lies approximately 165 km (103 miles) north of Dublin and 120 km (75 miles) southeast of Derry-Londonderry. The city is a key commercial and retail centre for the region, with strong transport infrastructure and a growing population base.

The subject unit is located within the Park Centre Shopping Centre, a well-established and popular retail destination in West Belfast, approximately 1.5 miles from Belfast City Centre. This is currently let to Boots UK Ltd, with Specsavers occupying Unit 6 as neighbouring tenants.

The Park Centre is situated just off Boucher Road, one of the city’s busiest arterial commercial routes, and lies approximately 160 metres from Boucher Retail Park, a major draw for footfall and vehicle traffic. The Boucher area is widely regarded as Belfast’s premier out-of-town retail and commercial zone, home to a wide range of occupiers including M&S, Next, DFS, Harvey Norman, and various car dealerships. The location is just 1 mile from the M1 Motorway (Broadway Junction), providing connectivity to the wider Belfast Metropolitan Area and beyond. It is well served by public transport, with numerous Metro bus routes passing nearby and rail access available from City Hospital Station and Great Victoria Street Station.

West Belfast a strong local catchment with dense residential development in the surrounding area. The Park Centre serves as a key retail hub, anchored by tenants such as B&M, Poundland, Brand Max, and Home Bargains, and is supported by free on-site parking and consistent footfall throughout the week.

Description

The subject unit is located on the ground floor mall level of the Park Centre Shopping Centre, positioned in a prominent location between Specsavers and other national occupiers. The unit benefits from glazed frontage offering excellent visibility within the main shopping concourse and high footfall throughout the day.

The premises are currently let to Boots UK Limited on a 5-year lease commencing 1st January 2025 at a passing rent of £20,250 per annum. The tenant has a break option at the start of year 3.

Available area

The accommodation comprises the following areas: