Copyright © Propertynews.com 2020.
All rights reserved.

Contact Agent Contact Agent
Call Agent
For Sale

Commercial Lands Adjacent to Dundooan Road, Coleraine, Londonderry

POA

Calculate Mortgage Now
Photo 1 of 7
Land

Location of Commercial Lands Adjacent to Dundooan Road

My Important Places

Add important places to see how far they are from this property.

features

  • Included within Atlantic Link Enterprise Zone designation
  • Land extending to approximately 30 acres including Landing Station (available in 2 Lots)
  • Road frontage onto the Dundooan and Kiltinny roads
  • Comprising 2 good sized fields.
  • Benefits from The Capital Allowances (Designated Assisted Areas) Order 2016
  • Enclosed by blackthorn hedging
  • Access on to Kiltinny Road

comprises

Location:
Lands are location off the Dundooan Road which is accessed from the Cromore Road and is adjacent to the University of Ulster Coleraine Campus.
Description:
The lands are in 2 parcels and extend to approx. 30 acres. The lower portion of the lands includes the landing station for Project Kelvin. This is let to Hibernia on a commercial lease.<br/><br/>The lands which are flat are currently in grass and have frontage to the Dundooan Road. The upper lands are adjacent to a range of poultry housing and the lower lands adjoin the campus of the University of Ulster.
Enterprise Zone:
The initial phase of the Enterprise Zone is currently underway at a site under the control of the University of Ulster. Atlantic Link Campus's anchor tenant 5NINES, NI's first carrier neutral centre opened in 2018.<br/><br/>The lands being marketed represent a further area of the designated Enterprise Zone. They are clearly demarked in Capital Allowances (Designated Assisted Areas) Order 2016 as being designated assisted areas for the purposes of section 45K of the Capital Allowances Act 2001. This order provides for 100% first year capital allowances (FYA's) for companies investing in plant or machinery for use primarily in designated areas within Enterprise Zones (subject to conditions being met).
Atlantic Link Enterprise Campus:
The Atlantic Link Enterprise Campus represents Northern Ireland's first Enterprise Zone. The new enterprise zone, adjacent to the Ulster University Coleraine Campus is a core element of the Causeway Coast and Glens Borough Council's vision for a digital Causeway aimed at attracting major foreign direct investment. The tenants will benefit from Enhanced Capital Allowances and the fastest high speed connectivity point between North America and Europe via the Project Kelvin, a high speed transatlantic fibre. Project Kelvin allows data to cross the Atlantic in 0.066 of a second.
LOT A – Landing Station location let at £13,000 per annum to Hibernia.<br/>LOT B – Residue Lands which extend to circa 29 acres.<br/><br/>Guide Price – Price On Application.
Foot Note:
** It would be advisable for any prospective purchaser to contact their accountant for clarification on Capital Allowances legislation.

Property Costs

  • Status: For Sale
  • : POA

Downloads

Mortgage Calculator

in association withUlster Bank
10%
years
%

These results are not provided by Ulster Bank and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Similar Properties

For SaleAtlantic Link Enterprise Campus, Coleraine, BT52 1RR

POA

For Sale24 Cloyfin Road, Coleraine, BT52 2NU

Offers in the region of

£95,000

For Sale24 Cloyfin Road, Coleraine , BT52 2NU

Offers in the region of

£95,000

For SaleCaptain's Bar, 8, Captain Street Lower, Coleraine, County Londonderry, BT51 3DT

Offers around

£160,000

Contact Agent

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

R. Benson & Son
9 Dunmore Street

Recently Viewed

Other costs to budget for

Wilson Nesbitt Solicitors

Get a free property legal expenses quotation