121 New Lodge Road

Thriving Corner Shop & Multi-Business Unit for Sale – 121 New Lodge Road, Belfast

Asking Price:

• Ground Floor Shop (10-Year Lease for Sale): £100,000

• Upstairs Unit (Hair Salon, Pizza Shop & Apartment Space): £200,000

• Entire Building: £300,000 (if bought together)

A rare and exciting opportunity to acquire a landmark corner property in the heart of Belfast’s New Lodge community. Situated at 121 New Lodge Road, this well-known building comprises a thriving ground-floor retail shop and a fully occupied upstairs unit featuring multiple income-generating businesses—with the flexibility to purchase the units together or separately.

Ground Floor Shop – £100,000 (10-Year Lease for Sale)

Established in 1999, this successful retail shop has become a cornerstone of the local area. Offered as a leasehold opportunity with a new 10-year lease, the shop benefits from strong daily footfall and excellent visibility.

Exciting future potential: Up-to-date plans are in progress to convert the shop into a branded Vivo or Mace convenience store, enhancing its commercial profile and opening doors to increased revenue, marketing support, and supply chain benefits associated with these well-recognised retail brands.

Its close proximity—just a 10-minute walk—to the new Ulster University campus and surrounding student accommodation enhances its already significant customer base.

Highlights:

• New 10-year lease for sale

• Strong, consistent trade since 1999

• Plans underway to convert to a Vivo or Mace branded store

• Excellent visibility on a busy corner location

• Loyal customer base and award-winning reputation

• Secure unit with established infrastructure

• 10-minute walk to Ulster University campus and student housing

Upstairs Unit – £200,000

The first floor houses two active businesses and a flexible development space:

• Hair Salon – Well-equipped and currently trading with a solid, repeat clientele

• Pizza Shop – Popular with locals and offers strong takeaway and delivery potential

• Apartment/Studio Space – Separate area ideal for conversion into a one-bedroom apartment or a studio/office

Each business has independent access, making this unit ideal for separate leasing or owner occupation—a ready-made, multi-stream income opportunity.

Key Investment Features:

• Mixed-use commercial/residential property

• Up-to-date plans to bring a Vivo or Mace brand to the shop

• Option to buy one or both units

• Excellent rental yield potential

• Prominent corner location with high foot traffic

• Close to Belfast city centre, local amenities & Ulster University

• Ideal for landlords, entrepreneurs, or developers

This is a standout opportunity to acquire a high-profile, income-generating building in one of Belfast’s most vibrant and evolving neighbourhoods.

Viewings strictly by appointment. Early enquiries encouraged – this won’t stay on the market for long.