LOT Dunmurry 20 …c1415082.r82.cf3.rackcdn.com/BSC670504/Brochure-lot-20.pdf · 2015-02-26 ·...

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Industrial Complex extending to approximately 30,999 sq ft (2,880 sq m) in total Overall site extending to approximately 7.5 acres (3.04 hectares) in total Total current gross rent £74,326 per annum (1)(2) Location The property is situated in Dunmurry on the outskirts of Belfast, close to Lisburn. The subject site is located approximately 6.5 miles to Belfast and approximately 5.9 miles to Lisburn City Centre. The surrounding area is a mix of warehousing, commercial use and residential properties. Dunmurry is an ideal commuting location to Belfast. Located within Springbank Industrial Estate, the Subject property is accessed via the Pembroke Loop Road and is in close proximity to the Stewartstown and Blacks Roads. The Estate is in close proximity to the M1 Motorway and other transport links. Description The property comprises a former factory unit extending to approximately 30,999 sq ft (2,880 sq m) arranged over ground and first floors. Internally the property has been sub-divided into eleven industrial and eleven office units. There are also two potential development sites (subject to the necessary planning consents) adjacent to the premises. Site 1 extends to approximately 1.2 acres (0.49 hectares) and Site 2 extends to approximately 2.75 acres (1.11 hectares). The entire complex occupies a site of approximately 7.5 acres in total. Tenure Leasehold. The property is held on a 999 year lease from 29th July 1996 at a ground rent of £1 per annum. Planning The property comprises of two potential development sites (subject to the necessary planning consents) extending to approximately 1.2 acres (0.49 hectares) and approximately 2.75 acres (1.11 hectares). Prospective purchasers are advised to make their own enquiries in relation to this matter. Accommodation Site Area (approx.): 7.5 Acres (3.04 Hectares) Energy Performance Certificate C70 LOT 20 Please ensure that you are aware of the general and special conditions and any relevant addendum. The successful buyer on all Lots will be required to pay the Auctioneers an administration fee. Seller's Solicitor Arthur Cox (Nicola McConnell) 028 9023 0007 [email protected] Maximum Reserve Reserve Range £320,000 - £340,000 Dunmurry Europa Business Park, Springbank Ind. Estate, BT17 0QL

Transcript of LOT Dunmurry 20 …c1415082.r82.cf3.rackcdn.com/BSC670504/Brochure-lot-20.pdf · 2015-02-26 ·...

Page 1: LOT Dunmurry 20 …c1415082.r82.cf3.rackcdn.com/BSC670504/Brochure-lot-20.pdf · 2015-02-26 · Address Tenant SqFt SqM LeaseTerms CurrentRent Unit1 Individual 682 63.4 Leaseexpiry10.08.2014(holdingover)

• Industrial Complexextending toapproximately 30,999 sqft (2,880 sq m) in total

• Overall site extending toapproximately 7.5 acres(3.04 hectares) in total

• Total current gross rent£74,326 per annum(1)(2)

LocationThe property is situated in Dunmurry on the outskirts of Belfast, close to Lisburn. The subject site is located approximately 6.5 milesto Belfast and approximately 5.9 miles to Lisburn City Centre. The surrounding area is a mix of warehousing, commercial use andresidential properties. Dunmurry is an ideal commuting location to Belfast. Located within Springbank Industrial Estate, the Subjectproperty is accessed via the Pembroke Loop Road and is in close proximity to the Stewartstown and Blacks Roads. The Estate is inclose proximity to the M1 Motorway and other transport links.

DescriptionThe property comprises a former factory unit extending to approximately 30,999 sq ft (2,880 sq m) arranged over ground and firstfloors. Internally the property has been sub-divided into eleven industrial and eleven office units. There are also two potentialdevelopment sites (subject to the necessary planning consents) adjacent to the premises. Site 1 extends to approximately 1.2 acres(0.49 hectares) and Site 2 extends to approximately 2.75 acres (1.11 hectares). The entire complex occupies a site of approximately7.5 acres in total.

TenureLeasehold. The property is held on a 999 year lease from 29th July 1996 at a ground rent of £1 per annum.

PlanningThe property comprises of two potential development sites (subject to the necessary planning consents) extending toapproximately 1.2 acres (0.49 hectares) and approximately 2.75 acres (1.11 hectares). Prospective purchasers are advised to maketheir own enquiries in relation to this matter.

AccommodationSite Area (approx.): 7.5 Acres (3.04 Hectares)

Energy Performance CertificateC70

LOT

20

Please ensure that you are aware of the general and special conditions and any relevant addendum. The successful buyer on all Lots will be required to pay the Auctioneers an administration fee.

Seller's SolicitorArthur Cox (Nicola McConnell)028 9023 [email protected]

Maximum ReserveReserve Range £320,000 - £340,000DunmurryEuropa Business Park, Springbank Ind. Estate, BT17 0QL

Page 2: LOT Dunmurry 20 …c1415082.r82.cf3.rackcdn.com/BSC670504/Brochure-lot-20.pdf · 2015-02-26 · Address Tenant SqFt SqM LeaseTerms CurrentRent Unit1 Individual 682 63.4 Leaseexpiry10.08.2014(holdingover)

• Sub-divided into elevenindustrial and elevenoffice units

• Together with twopotential developmentsites

LOT

20

Please ensure that you are aware of the general and special conditions and any relevant addendum. The successful buyer on all Lots will be required to pay the Auctioneers an administration fee.

Europa Business Park, Springbank Ind. Estate BT17 0QL

Tenancy & AccommodationAddress Tenant Sq Ft Sq M Lease Terms Current Rent

Unit 1 Individual 682 63.4 Lease expiry 10.08.2014 (holding over) £1,800

Unit 2 & Gym Area 1 & 2 Individuals 5,662 526 Lease expiry 01.10.2018 £14,400

Unit 3 Individual 1,264 117.4 Lease expiry 25.02.2023 £3,350

Unit 4 Individual 350 32.5 Lease expiry 05.09.2017 £927

Unit 5 Caman Equipment Ltd 6,734 625.6 Lease expiry 31.12.2013 (holding over) £7,800

Unit 6 Individual 1,581 146.9 Lease expiry 31.05.2014 (holding over) £4,110

Units 7, 8 & 9 Budget Applicances 9,795 910 Lease expiry 31.01.2024 £26,000

Unit 10 Imhotep Diagnostics Ltd 1,948 181 Lease expiry 30.06.2017 £3,594

Office 1 & 2 Individual 710 66 Month to Month £4,800

Office 3 Individual 337 31.3 Lease expiry 20.10.2016 £893

Office 4 James McPeake Recording Studio 266 24.7 Lease expiry 31.07.2013 (holding over) £720

Office 5 Individual 263 24.4 Lease expiry 31.01.2016 £776

Office 6 Individual 196 18.2 Lease expiry 31.01.2016 £617

Office 7 Individual 284 26.4 Lease expiry 31.01.2016 £894

Office 8 Individual 274 25.5 Lease expiry 18.01.2015 (holding over) £525

Office 9 - 398 37 - -

Office 10 - 255 23.7 - -

Hardstand Individual - - Lease expiry 31.05.2013 £3,120

TOTAL   30,999 2,880   £74,326 (1) (2)(1) The current running costs include security, cleaning, electricity and insurance.(2) All rents noted in the Tenancy Schedule are gross.

DunmurryMaximum ReserveReserve Range £320,000 - £340,000