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For Sale
Investment, Offices, Belfast, BT1

103-107 Royal Avenue
Belfast
County Antrim

Reference 2012793

Type Investment, Offices, General Retail

Tenure Freehold

Size10,488 sq ft (974 sq m)

Freehold: £800,000 (€946,712)

Contact LSH Surveyor

Martin Mallon
Director Agency & Capital Markets

028 9026 9267

Description

•Investment Summary
* Prime four storey Retail & Office building extending to c. 10,488 sq ft.
* The property offers significant Asset Management, Refurbishment and Redevelopment Opportunities.
* Prime location close to Ulster University and Castlecourt Shopping Centre.
* We are seeking unconditional offers in the region of £800,000 (Eight Hundred Thousand Pounds) exclusive of VAT and subject to contract.

Description

This distinctive four storey Grade B1 Listed building extends to c. 10,488 sq ft with substantial frontage onto both Royal Avenue and North Street. The property is part-let to two tenants who occupy the ground floor and part of the first floor. The second and third floors are currently vacant and in need of substantial repair in order to bring them up to a lettable standard. The entrance lobby at 105 Royal Avenue has been refurbished in recent years and the property benefits from passenger lift access to all floors. The property offers significant asset management opportunities and it may be suitable for a range of alternative uses, subject to planning.

Listed Building Ref: HB26/50/068

EPC: E111