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> Auction calendar
> Selling a Property
> Buying a Property
Lot 4
Belfast, BT13 3AE
Commercial Investment Opportunity
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The two storey property which has a single storey extension comprises a funeral parlour, garage and a showroom. The buildings are of traditional construction covered primarily by pitched, mono and flat roofs. Internally the property is laid out to provide funeral home accommodation and ancillary areas
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Funeral Home
This property is not opted for VAT.
Please download the Title Pack directly from the Savills Auction platform and any additional legal queries can be referred to the vendor’s solicitor.
Net Annual Value: £26,000
Estimated Rates Payable: £16,291
A new 20 year FRI lease to Funeral Services Northern Ireland Ltd at a rent of £26,500 per annum with a review every 5th year. The rent reviews are Retail Price Indexed Linked (collar and cap 1% and 4% respectively per annum). There will be a tenant only break option at the end of tenth year.
Belfast is the capital city of Northern Ireland with an estimated population of 352,390 in 2024. The property is located on the Shankill Road at its junction with Mayo Street. This is a busy arterial route into Belfast area and benefits from heavy vehicular and pedestrian footfall. The Shankill Road is located in West 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.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC - 65C
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 |
|---|---|---|---|---|
| Ground Floor | 2,120 sq ft | 197 sq m | ||
| First Floor | 1,097 sq ft | 101.9 sq m | ||
| Garage | 1,579 sq ft | 146.7 sq m | ||
| Total | 4,796 sq ft | 4,445.6 sq m |
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
