Derry is Northern Irelands second largest population centre outside the Greater Belfast area. The city is located in the north west of the province on the River Foyle, approximately 70 miles from Belfast, 30 miles from Coleraine and 33 miles from Omagh. The City acts as the main economic and cultural hub serving the north west region and neighbouring County Donegal.
The subject land occupies a prominent location in Newbuildings, with substantial road frontage onto the main A5 Victoria Road (main road from Derry to Strabane). Newbuildings is located on the east bank of the River Foyle, approx. 3 miles south of Derry City. Located to the rear is Newbuildings Industrial Estate with occupiers including Driver & Vehicle Agency (MOT Test Centre), G A Parke & Sons and Fleming Agri Products.
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The subject lands extend to approximately 3.9 acres (1.58 ha) with generous dual frontage onto the main A5 Victoria Road and the adjacent entrance road into Newbuilding’s Industrial Estate.
Status: For Sale
Offers Around: £325,000
Rates: Not Provided
Stamp Duty: £0*
* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.
Type of Tenure: Leasehold
Ground Rent: Not Provided
A review period for ground rent has not been provided