48 – 50 Ann Street

  • Address: 48 - 50 Ann Street, Belfast, BT1 4EH
  • Use: Retail
  • Size: 3,285 ft2
  • Floors: 3
  • Project Status: Completed
  • Completion Date: 1935
  • Developer:

    Adlestone Jewellers

  • Architect:

    Blackwood & Jury

A three-storey art deco style building comprising a coffee shop at ground floor and storage at first and second floors.

The building was placed on the market in 2013 by joint agents DTZ McCombe Pierce and Colliers International. Sales materials noted that the building is let to Nero Holdings Ltd t/a Caffè Nero on a 15 year lease from 18 January 2008 at a rent of £80,000 per annum. Offers were invited in the region of £900,000 and the building sold for £1,085,000 in October 2013 to a private local investor, providing a NIY of 6.97%.