11 Melrose Street

A recently refurbished shop situated in a densely populated part of South Belfast with a high level of Students, Young professionals and medical students and staff due to two nearby hospitals and Queens University.

This is an excellent opportunity to develop a new business or open a new outlet for an existing business.

The space provides excellent signage on two sides externally along with two large bay windows. internally the space has an open service area to Melrose street and to the rear a preparation or service area. There is a small staff WC area and outside there is a small enclosed and shared yard space.

Run successfully for some 6 years and only available as the owner wishes to pursue other opportunities.

Any interested parties should contact this office to arrange a viewing, interested new businesses are encouraged to submit business plans and details of the proposed use of the space for consideration by the landlord and possible joint ventures.

For those looking for a more traditional Landlord / Tenant relations basic terms are outlined below.

Terms Lease – Effective Full Repairing and Insuring
Rent – £16,000 per annum exclusive for Cafe independent start ups, small prepared sandwich bars old fashioned milk bars

Rates – Land & Property Services give a list NAV of £4,950.00. all interested parties should satisfy themselves as to the rates payable, estimated to be £2,966.84.

Small business relief may be available.

Management Fee – 5% plus VAT of the agreed rent

Length – 6 to 12 years or by agreement

We are offering a new lease direct from the Landlord for a minimum term of 6 years.

Further details of any of the our commercial properties are available directly from our office at 4 Malone Road Belfast and should you require any information please do not hesitate to contact us.

All properties are subject to 5% management fee plus VAT on the annual rent.

Service Charge will be applicable to all properties that are not completely standalone / self-contained units.

Buildings Insurance is arranged by the Landlord and reimbursed by the tenant annually.

Where rent is quoted per week the rent is payable monthly in advance; calculated by multiplying the weekly rent by 52 and dividing by 12.

All tenancies are subject to minimum one quarters deposit and a guarantor. All applicants will be required to fill in an application form. All details are subject to contract and without prejudice.