For Sale

4, Foyle Road, Derry, BT48 6SR

Offers Around

£975,000

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Land (Multiple Dwelling)

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features

  • Highly prominent development site on Londonderry's cityside
  • 90 m frontage to Foyle Road
  • Site Area: 1.07 acre
  • Full Planning approved for 53 apartments

description

Location

The site is located fronting onto Foyle Road close to its junction with Letterkenny Road, 1 mile from the city centre and the Craigavon Bridge.

The surrounding area is mainly residential with sports pitches adjoining the site to the rear.

The proposed development will benefit from clear views along the River Foyle.

Description

Former petrol filling station site with the shop, canopy and tanks remaining.

Site Area

0.43 hectare (1.07 acre)

Planning Permission

Planning Permission has been approved for a development of 53 apartments (Ref: A/2007/0672/F).

The proposed development comprises three blocks of 3, 4 and 5 storeys with basement car parking under block C for 74 cars.

The development will have a vehicular access onto Foyle Road and two pedestrian access entrances to the front and rear.

Title

Long leasehold subjetc to a nominal ground rent.

Property Costs

  • Status: For Sale
  • Offers Around£975,000
  • Stamp Duty: £26,250*

* 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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RHM Commercial
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