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> Buying a Property
Lot 2
Belfast, BT6 8DQ
Mixed Use Fully Let Investment Opportunity
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This is a two storey property of traditional construction covered with a mix of pitched slate and flat roofs. The ground floor provides two self contained units accessed off Ravenhill Road with the Boyles Sports having an additional access off Bendigo Street. The Boyles Sports unit is fitted to the standard company branding. The restaurant unit is fitted out providing patron seating area to the front and kitchen and ancillary areas to the rear.
Above the commercial units are 2 no apartments providing a one and a two bedroom units. The one bedroom apartment has been refurbished in recent years benefitting from gas fired central heating and double glazing. The two bedroom apartment is occupied and would benefit from upgrading. The apartments are separately accessed off Bendigo Street.
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Mixed Use Property
VAT is not applicable to this property.
Please download the Title Pack directly from the Savills Auction platform and any additional legal queries can be referred to the vendor’s solicitor.
We understand from the LPS website of the following for the year 2025 / 26:
Boyles Sports Net Annual Value £10,600
Taste of India Net Annual Value £4,500
Flat 1 Capital Value £60,000
Flat 2 Capital Value £37,000
The property is fully let to 4 no tenants producing an annual gross rental income of £41,400 per annum.
Belfast is the capital city of Northern Ireland with an estimated population of 352,390 in 2024. The property is located on the Ravenhill Road at its junction with Bendigo Street close to My Lady's Road. This is a busy arterial route into Belfast area and benefits from heavy vehicular and pedestrian footfall. The Ravenhill Road is located in East Belfast within close proximity to the city centre. The surrounding area is a mix of medium density housing with a variety of commercial occupiers and amenities. Ormeau Park is within close proximity to the subject.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - E99/D83/E46/E49
If no EPC rating appears please refer to the legal pack.
•Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
•The reserve price is the minimum price at which the property can be sold.
•Both the guide price and reserve price may be subject to change up to and including the day of the auction.
•For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.
Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.
The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Description | Sq ft | Rates Payable pa | Lease Info | Rent |
| Part Ground Floor t/as Boyles Sports | 1,441 | £6,642 | 10 year lease w/e from 1/8/2025 with a break Yr 5 * lease renewal pending | £17,200 |
| Part Ground Floor t/as Taste of India | 582 | £2,820 | 10 year lease w/e from 1/3/2025 (Tenant break Yr 3) | £11,000 |
| First Floor - One bedroom | 309 | £576 | Overholding on an AST | £6,000 |
| First Floor - Two bedroom | 512 | £355 | Overholding on an AST | £7,200 |
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