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Alexander House 17 Ormeau Avenue

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Alexander House 17 Ormeau Avenue Osborne 028 9027 0000 King www.osborneking.com FOR SALE (ON THE INSTRUCTION OF JOHN HANSEN OF KPMG ACTING AS ADMINISTRATOR FOR TARWOOD LTD) PROMINENT CITY CENTRE OFFICE BUILDING INVESTMENT ALEXANDER HOUSE COMMERCIAL PROPERTY 17 ORMEAU AVENUE CONSULTANTS The Metro Building 6-9 Donegall Square South BELFAST Belfast BT1 5JA Tel: 028 9027 0000 Fax: 028 9027 0011 E-mail: [email protected] www.osborneking.com LOCATION The subject property is located on Ormeau Avenue at its junction with Adelaide Street approximately 2 minutes walk from Belfast City Hall. Such a location provides easy access to Belfast city centre and the M1 motorway leading both north and south via the Donegall Road and the Westlink. The property is located within Belfasts main office core with nearby occupiers including Belfast City Council, Liberty IT, New York Stock Exchange, BBC and Holiday and Premier Inn Hotels. DESCRIPTION The subject premises comprises a substantial office building of c. 16,850 sq.ft. extending over 4 floors. A reception area is provided at ground floor level with lift access to the upper floors. Each of the offices have been fitted to a standard specification. The building itself is of masonry construction with red brick exterior, single glazed windows and slate roof. ACCOMMODATION The agreed Net Internal Area in the lease is 16,850 sq.ft. TENANCY Tenant : James W Burgess. Term : 25 years from 1st November 2001. Rent : £84,250. Reviews : 5 yearly upwards only to open market value. RATING We have been advised by Land and Property Services of the following:- NAV - £119,400 Rate in £ for 2010/2011 - 0.562749 Rates payable in 2010/2011 - £67,192. VAT The property is elected for VAT. It is anticipated that the transaction will be dealt with by way of a TOGC. www.osborneking.com PRICE On application. FURTHER INFORMATION John Martin / Harry Crosby Osborne King The Metro Building 6-9 Donegall Square South Belfast BT1 5JA Tel: 028 9027 0000 E-mail: [email protected] [email protected] FOR INDICATIVE PURPOSES ONLY www.osborneking.com AERIAL PHOTO INDICATIVE PURPOSES ONLY LOCATION PLAN INDICATIVE PURPOSES ONLY COMMERCIAL PROPERTY Misrepresentation Act 1967. The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst CONSULTANTS believed to be correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied upon as statements of fact any The Metro Building attending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of those statements. The vendors or lessors do not make or give 6-9 Donegall Square South Osborne King and Megran Limited or any person in its employment, any authority to make or give any representation or warranty whatsoever in relation to this property. Belfast BT1 5JA Unless otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These particulars are issued on the understanding Tel: 028 9027 0000 that all negotiations are conducted through this company. Osborne King & Megran Limited. Registered in Northern Ireland No. 27969. Registered Office: The Metro Building, Fax: 028 9027 0011 6-9 Donegall Square South, Belfast, BT1 5JA. E-mail: [email protected] Any maps / Plans based on the Ordnance Survey Map with the sanction of the controller of H.M. Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract.. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield..
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