A PORTFOLIO of four retail investments in Belfast, valued at almost £6 million, has just gone on the market.
And selling agents Osborne King say they are expecting keen interest from local investors and further afield.
Each of the properties is let to Iceland Foods Ltd, and they are being marketed as stand-alone investments.
The stores are located on the Antrim Road, Shankill Road, Newtownards Road and Finaghy Road South, all of which are major arterial routes within Belfast with asking prices ranging from £1.59 million to £1.27 million.
Dave McClure of Osborne King said: "The local investment market has been starved of good quality product of late, particularly in respect of opportunities at the lower end of the market, and thus interest has already been brisk with local cash-rich private investors recognising the quality of tenant and attractive unexpired lease term on offer."
The properties have been let to Iceland Foods Limited for a term of 25 years since the end of February 2005 and contain guaranteed minimum uplifts at rent review in 2020 and 2025.
