For Sale

Prime Residential Development Opportunity, 69-71 Shankill Road, BELFAST, County Antrim, BT13 1FD

Asking Price

£600,000

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Site with FPP

Location of Prime Residential Development Opportunity

Corner of Shankill Road and North Boundary Street

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features

  • Prime residential development opportunity, subject to planning.
  • Comprises a cleared site extending to approximately 0.60 Acres (0.24 Hectares).
  • The site occupies an extensive and highly prominent frontage onto the Shankill Road.
  • Within a short walk of the new Ulster University Campus, Cathedral Quarter, Belfast City Hall and Great Victoria Street.
  • Conveniently located close to the Westlink, which provides ease of access to the M1, M2 and M3 motorway networks.
  • Public transport links are situated adjacent to the site, offering regular commutes to Belfast City Centre.
  • The Shankill Road includes a range of local conveniences to include, food outlets, grocery stores, pharmacies, GP surgeries and schools.
  • Local sporting and recreational activities include Shankill Leisure Centre, Woodvale Cricket Club and Woodvale Park Playing Fields.

description

The site occupies an extensive and highly prominent corner location, fronting onto the Shankill Road and North Boundary Street. The subject site is situated approximately 0.5 miles West of Belfast City Centre, an approximate 10 minute walk to the most highly sought-after areas of the city, including the Cathedral Quarter and Belfast City Hall. The A12 Westlink, which links with the M1, M2 & M3 Motorway networks is conveniently positioned a short distance from the site, offering commuters swift access to and from the wider motorway networks. Public transport links (Metro 11) are situated adjacent to the site, which provide regular commutes to and from Belfast City Centre. The Shankill Road includes a range of local conveniences to include, food outlets, grocery stores, pharmacies, GP surgeries and schools. Occupiers situated within the immediate vicinity include Clear Pharmacy, Beautician, Spar Convenience Store & PFS, KFC and Cornerstone Medical Centre. Local sporting and recreational activities include a Leisure Centre, Woodvale Cricket Club and Woodvale Park Playing Fields.

The subject comprises a cleared site of c. 0.60 acres, which is generally flat in topography with temporary fencing surrounding the perimeter. Vehicle access to the site is presently at the rear from Boundary Walk, accessed from the Shankill Road and North Boundary Street. The site presents as an excellent development opportunity situated within close proximity of Belfast City Centre, which is potentially suitable for a range of residential, commercial, and mixed-use schemes, subject to planning permission.
LOCAL HOUSING MARKET COMMENTARY
Existing housing within the location of the subject site, comprises a mix of Social and Private Housing. The area has recently undergone considerable regeneration with some new developments geared towards affordable homes for First Time Buyers. Demand for housing within the area is predominately first-time buyers and investors. Until recently, aspirational first-time buyers and homeowners within the area requiring a private new build home have had to consider alternative locations, as the availability of housing to purchase in this area, comprises of predominately older resale stock, therefore with current demand, more 'New Home' housing stock is required.
PLANNING PERMISSION
Planning Reference No: LA04/2015/0195/ (Subject plus small parcel of adjoining land). Full planning permission granted on the 20th of March 2017 for the development of 1 No medical surgery, 52 No apartments and 4 No ground floor commercial units. Planning Reference No: Z/2009/1243/O. Outline planning permission granted on 16th of December 2011 for the construction of a four-storey 96 No bed nursing home. Renewal of the above planning permission was granted on 24th of January 2019 under Planning Reference No: LA04/2018/1467/O
The site occupies an extensive and highly prominent corner location, fronting onto the Shankill Road and North Boundary Street. The subject site is situated approximately 0.5 miles West of Belfast City Centre, an approximate 10 minute walk to the most highly sought-after areas of the city, including the Cathedral Quarter and Belfast City Hall. The A12 Westlink, which links with the M1, M2 & M3 Motorway networks is conveniently positioned a short distance from the site, offering commuters swift access to and from the wider motorway networks. Public transport links (Metro 11) are situated adjacent to the site, which provide regular commutes to and from Belfast City Centre. The Shankill road includes a range of local conveniences to include, food outlets, grocery stores, pharmacies, GP surgeries and schools. Occupiers situated within the immediate vicinity include Clear Pharmacy, Beautician, Spar Convenience Store & PFS, KFC and Cornerstone Medical Centre. Local sporting and recreational activities include a Leisure Centre, Woodvale Cricket Club and Woodvale Park Playing Fields.

Property Costs

  • Status: For Sale
  • Asking Price£600,000
  • Stamp Duty: £5,000*

* 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 (Lisburn Road)
525 Lisburn Road

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