Features
- A MOST PROMINENT DEVELOPMENT SITE
- C.0.76 OF AN ACRE
Description
Within the central area and with frontage to the Riverside, this is one of the City’s most exciting development opportunities for major high rise construction, subject to planning permission, for either mixed residential / office / commercial use or exclusively apartments with on site car parking
Location and Description
Derry is Northern Ireland’s second city and the capital of the north west of Ireland with a current local population of 105,000 and a catchment of c. 300,000 to include the youngest profile in any City in the UK with over 60% of the population under 35.
Proposed Office BlockThe City is the regional hub for education, health care and public administration with university and further education campus, regional hospital and offices of regional Government. The site is close to both Magee University Campus and the North West Institute for Further and Higher Education.
Voted recently as one of the top ten places to live in the UK, the City is continuing to improve its general transport infrastructure with local air and sea ports – Government has recently announced a budget to improve the road link between Belfast and Derry.
The site is currently the subject of a Planning Application for offices – total 9,208 sq m (99,120 sq ft) and 224 No. car parking spaces.
Preliminary discussions with the Planning Service in respect of a high rise apartment block are favourable and a suggestion, subject to formal planning, for 160 apartment units is currently under discussion with on site car parking.
The site has the perfect backdrop with the burgeoning water front leisure area and also retail facilities to include Sainsburys Superstore, Banking, Restaurants, Cinemaplex – the City Centre is within easy access.
Subject to Site Measurement: Frontage to Strand Road 52 m
Frontage to The Quay 60 m
Sales Details 1. Legal Title: All interested parties must satisfy themselves by reference through their solicitors with the Vendor’s Solicitor’s - Conor Wylie, Millar McCall Wylie, 1 Lanyon Quay, Belfast BT1 3GP (Tel: 028 9020 0050 / Email: mmw@mmwlegal.com)
2. Viewing: Open Site
3. Offers:
Unconditional offers are invited for the site with vacant possession in the region of £10M.
V.A.T.
Prices, outgoings and rentals are exclusive of, but may be liable to VAT.
Further Information
Strictly by appointment with:
O'Connor Kennedy Turtle
22 Adelaide Street
Belfast BT2 8GD
Tel: 028 9024 8181
Fax: 028 9024 8188
Contact: Tony O’Connor (tony.o’connor@okt.co.uk)
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