Description

DEVELOPMENT RESIDENTIAL/COMMERCIAL POTENTIAL

LOCATION

The site is located on York Road, close to Mountcollyer residential area and the York Road Railway Station.  The land to the rear (east) is occupied by Northern Ireland Railway and John Thompson & Son Millers.

DESCRIPTION

At present the site comprises two three storey commercial (office and retail) buildings together with undeveloped land adjacent to the Mile Water River culvert.

PLANNING

The Belfast Metropolitan Area Plan describes York Road as the main arterial route into and out of Belfast city centre and is a key link for the local community.  It is anticipated that the redevelopment of the site will make a significant contribution to the overall physical appearance of the area.

SITE POTENTIAL

An architectural study has been undertaken to illustrate potential development options.  It is considered that the site would be very suitable for social housing but use as business or commercial purposes would also be acceptable.  The total site extends to 440 sq m approximately and within BMAP a development project of between four to six floors would be encouraged.

With a ground floor use as part retail and part private car parking it is anticipated that up to thirty apartment units of both one bedroom and two bedroom sizes (43.7 sq m to 71.8 sq m) could be provided.

TITLE

The property is held in long leasehold estate subject to nominal ground rent.

Vendor’s Solicitors;   Messrs Carson & McDowell
   Murray House
   Murray Street
   Belfast  BT1 6DN

Contact;  Graeme McKee

SALE PRICE

Offers invited in the region of £950,000 (Nine hundred and fifty thousand pounds).

STAMP DUTY

The purchaser will be liable for Stamp Duty (+ VAT) on the purchase price

VAT

All outgoings, prices and rentals quoted are exclusive of but may be liable to VAT.

CONTACT

Myles Danker Associates Limited

Contact:  Denis Myles FRICS
Telephone:  028 9032 4080
Fax:   028 9032 6366
E-mail:  denis@mylesdanker.com

Location of Property

21-27 York Street North Belfast

Myles Danker

www.mylesdanker.com

Agent Contact Details

• 24 Linenhall Street
• Belfast
• Co. Antrim

• Tel: 028 9032 4080
• Fax: 028 9032 6366
• Email the Agent

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