For Sale

Prime Development Site @, 150 Knock Road, Belfast, BT5 6QD

Offers Over

£1,250,000

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Site with FPP

Location of Prime Development Site @

Knock Road

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description

Prime Residential Development Site
Extending To Approximately 1.7 Acres
INTRODUCTION
This exceptional and prominent development site, situated on the A55, has superb convenience to Cherryvalley, Ballyhackamore and the City Centre. Overlooking Shandon Park Golf Club, this is a rare opportunity to acquire a site in an area where there has been a continually increasing demand for private dwellings.
East Belfast and Ballyhackamore in particular has seen much investment in recent years with a variety of new restaurants, shops and cafes creating a highly desirable living environment and village feel. This prime location offers a choice of excellent Primary and Secondary Schools, recreational, sports, leisure and shopping facilities adding to the already considerable appeal of the area.
LOCATION
The location is ideal for families and commuters due to the accessibility of the site.
Belfast City Centre: 3.8 miles
Shandon Park Golf Club: 0.6 miles
Knock Golf Club: 2.4 miles
Ballyhackamore: 1.1 miles
Belfast City Airport: 3.7 miles
Forestside Shopping Centre: 3.9 miles
SITE & PLANNING
The site extends to approximately 1.7 acres. Full Planning ref: Z/2011/0426/F (expiry 29th March 2018) has been granted for the demolition of the filling station and erection of 2 No. apartment buildings containing 52 No. units, basement and surface car parking and landscaping. Further information on the current planning consent is available on request.
DEVELOPMENT PROPOSAL
While the site benefits from full planning for 52 apartments, a revised housing layout for the site is more appropriate for current and forecast markets. An alternative indicative scheme has been considered and can be discussed at request but should be considered for reference only. Any interested parties must satisfy themselves in relation to their own opinion on the onward development proposal and planning status.
ASKING PRICE
Offers Over £1,250,000.
VAT
All prices, outgoings etc., are exclusive of VAT but may be subject to VAT.
TENURE
Assumed Freehold or Long Leasehold subject to nominal ground rents.
FURTHER INFORMATION
Inspection of the site is strictly by private appointment. For further information please contact Aaron Mills on 02891 800700 or email amills@simonbrien.com.
TERMS OF SALE
The Lands are being offered For Sale by Private Treaty.
The criteria required from interested parties in placing an offer must include:
- Confirmation of name and address of proposed purchaser
- Confirmation of offer level
- Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
- Timescale to complete the purchase post acceptance of offer
- Confirmation of solicitor who will represent purchaser
- 10% deposit of agreed purchase price shall be payable upon exchange of contracts
- N.B There is currently a car wash operating on the site under a now expired license agreement. The site will be sold
with the tenant in situ. A copy of the agreement is available on request.

Property Costs

  • Status: For Sale
  • Offers Over£1,250,000
  • Stamp Duty: £68,750*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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Simon Brien Residential (Newtownards)
17 High Street

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Wilson Nesbitt Solicitors

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