Keeping you up to date with the latest news and opinions from the NI property market

Showing all blog posts filed under Commercial

27

May

London investment firms snap up Erneside for £34.25m

Posted on 27th May 2015  |   Add a comment

London investment firms snap up Erneside for £34.25m

Co Fermanagh's main shopping centre Erneside has been sold to two London property investment companies for £34.25m. Marks & Spencer, Next and New Look are the three main anchor tenants at Erneside in Enniskillen, and Vodafone, Clarks and Costa Coffee also occupy units. The shopping centre specialist Ellandi and real-estate asset management firm Tristan Capital Partners made the purchase this month from...

Read more
house icon

20

May

Belfast’s Titanic Quarter to get new hotel after green light from planners to convert old Harland an

Posted on 20th May 2015  |   Add a comment

Belfast’s Titanic Quarter to get new hotel after green light from planners to convert old Harland an

Belfast’s Titanic Quarter is to get a new four-star boutique hotel after planning permission was granted for the development. Belfast City Council’s Planning Committee today approved the application from Titanic Foundation Ltd and Titanic Quarter Ltd, for the conversion and refurbishment of the old Harland and Wolff headquarters and drawing offices into a 84-bedroom hotel with heritage-related tourist and event facilities. It’s...

Read more
house icon

19

May

Banbridge Belmont Hotel and nightclub up for sale for £1m

Posted on 19th May 2015  |   Add a comment

Banbridge Belmont Hotel and nightclub up for sale for £1m

Well-known venue the Belmont Hotel is going on the market with a £1m asking price. The Banbridge country house-style hotel has long been a popular venue for weddings in the area. In the past, the Belmont was a landmark venue for country music acts. But that genre has more recently been displaced by dance music nights catering for a younger audience. Two weeks...

Read more
house icon

19

May

Belfast hotel and nightclub Dukes for sale for £3m

Posted on 19th May 2015  |   Add a comment

Belfast hotel and nightclub Dukes for sale for £3m

Belfast's Dukes Hotel is going on the market with a price tag of  £3m, the Belfast Telegraph can reveal. The 33-bedroom hotel, bar and restaurant - which is now called Dukes at Queen's - is located in the student heartland of south Belfast, just metres away from the university itself. It's currently owned by hotelier and bar owner, Eamon Diamond, and underwent...

Read more
house icon

19

May

CCEA's Clarendon Dock base goes on the market for £6m

Posted on 19th May 2015  |   Add a comment

CCEA's Clarendon Dock base goes on the market for £6m

The home of CCEA in Belfast's Clarendon Dock has been put on sale by owners La Salle Investment Management for a price tag of £6m. The building is close to other major office schemes such as the new-build City Quays 1. Clarendon Dock is let to the CCEA - the Council for the Curriculum Examinations and Assessment. The 46,764 sq ft block was...

Read more
house icon

14

Apr

Apartment bar in bid to regain glory with £750k revamp

Posted on 14th April 2015  |   Add a comment

Apartment bar in bid to regain glory with £750k revamp

Well-known bar The Apartment is receiving a £750,000 facelift to try and bring it back to its glory days, the Belfast Telegraph can reveal. The major investment at the venue in Donegall Square beside the City Hall will see the introduction of a new roof terrace, which involved removing part of a floor in the building. The two-floor bar closed in...

Read more
house icon

26

Mar

Shopping village sold to developer for £5.5m has 'fantastic potential'

Posted on 26th March 2015  |   Add a comment

Shopping village sold to developer for £5.5m has 'fantastic potential'

A designer shopping village in Co Tyrone has been sold by a US fund for a cool £5.5m price tag. The Linen Green in the village of Moygashel was snapped up by London-based Neptune Group after its original developer went bust in the downturn. The shopping village outside Dungannon was marketed for sale with a £5m asking price by commercial property agents...

Read more
house icon

26

Mar

Lisburn Square on offer for tenth of its former value

Posted on 26th March 2015  |   Add a comment

Lisburn Square on offer for tenth of its former value

A major retail development in Lisburn city centre built at a cost of £23m has gone on sale for less than a tenth of its former value. Lisburn Square is now on the market for offers over £2.25m - little more than a decade after it was first opened. The development includes several large tenants such as high street stalwarts Argos, Next...

Read more
house icon

6

Mar

Commercial property picture a little brighter

Posted on 6th March 2015  |   Add a comment

The buzz which surrounded transactions in the retail sector in 2014 will be hard to replicate this year. But law firm Arthur Cox has said it believes there will be a surge of activity as the year progresses, despite a fairly quiet start in which Parker Green's refinancing of its Quays Shopping Centre loans has been the highlight. There have been a...

Read more
house icon

4

Mar

Council's green light for £15m retail park in Holywood

Posted on 4th March 2015  |   Add a comment

Council's green light for £15m retail park in Holywood

The Co Down town of Holywood is set to get a major new retail park, which is hoped will attract major international brands to the town. The £15m scheme called Front was granted planning permission by Ards and North Down Borough Council. Developer Robinson Family Ltd is looking to attract a high-profile anchor tenant, hoped to be a major supermarket. It's understood leading...

Read more
house icon

Follow

Search

Categories

Archive

Subscribe

Part of the Independent News and Media group