O'Connor, Kennedy, Turtle

Ground Floor, Linen Loft, 27 Adelaide Street Belfast, County Antrim, BT2 8DJ

Ref: 7770Sub to let
Key Features
  • To Let – Short Term
  • New Grade A office suite of c. 4,089 sq ft (380 sq m) in the heart of the Linen Quarter

£20.00 per sq foot

New Grade A office suite of c. 4,089 sq ft (380 sq m) in the heart of the Linen Quarter

Linen Loft, a six–storey red brick warehouse, was formerly known as the Ireland Brothers Building and was constructed in 1905.

Ireland Brothers Linen Manufacturers operated out of the building from erection until the property was converted to office use in the 1950s.

The building has been completely refurbished and redeveloped into ‘Linen Loft’. The extensive renovations include providing an external terrace on each floor for use by the tenants and extremely well finished WC accommodation with a wet room on each floor. Internally the building has been transformed into modern Grade A office space, which retains an element of the original character of the building whilst maintaining the highest levels of energy efficiency to minimise energy costs.

The property is accessed via an impressive entrance lobby with concierge, with the upper floors being leased to Spence & Partners, Instil and Options Technology.

Will appeal to businesses requiring time limited project specific accommodation or new entrants to the NI / Belfast office market seeking an alternative to serviced accommodation to facilitate initial operations and staff recruitment before upscaling to long term accommodation.


Accommodation


GROUND FLOOR – 380 SQ M (4,089 SQ FT)

The suite will be finished to Grade A specification to include:

Carpeted flooring
Painted / plastered walls with feature exposed red brick
Suspended low energy lighting
Underfloor heating and cooling
CAT 6 structured cabling with 100 floor ports
Underfloor Electrack to facilitate easy addition of power outlet boxes
Kitchen and WCs with wet room


Lease Details

RENTAL: £20.00 per sq ft

TERM: 18 months

REPAIRS/INSURANCE: Internal repairing and insuring lease together with service charge liability

SERVICE CHARGE: Payable in respect of the repair and maintenance of the exterior of the building and common areas etc

AVAILABILITY: September / October 2018


NAV / Capital Value

We are advised by the Land and Property Service that the NAV for the subject property is £50,100. The commercial rate in the pound for 2018 / 2019 is £0.602803, therefore rates payable will be £30,200.43 (£7.39 per sq ft).

VAT

Vat is payable.


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