The subject portfolio are approximately ½ mile west of Belfast City Hall and is accessed off Durham Street/Albert Street. The sites are easily accessible from the Grosvenor Road in close proximity to the junction with the A12 Westlink.
Nearby occupiers to the subject site include Royal Belfast Academical Institution, Andrews Flour Mill and the PSNI Grosvenor Road barracks.
The subject portfolio comprises 4 no. development plots within the existing Citylink Business Park development. Plots A and B are located either side of the main entrance gate, each extending to approximately 0.3 acres with frontage onto Albert Street. Two additional sites (Plots C and D) are situated to the rear, one to the east and one to the west, with C extending to 0.73 acres and D extending to c. 0.51 acres.
The subject portfolio includes all the lands shown edged red for identification purposes only on the Ordnance Survey ACE map attached subject to the reversionary interests in the 999 year leases affecting those buildings shown shaded yellow for identification purposes only on the said map.
All of the sites are cleared of previous buildings and overlaid in hardfill. The rear sites are currently being used as car parking serving the Citylink Business Park and wider city centre.
Plot A - 0.30 acres
Plot B - 0.29 acres
Plot C - 0.73 acres
Plot D - 0.51 acres
There are currently 20 no car parking spaces let on short term licences affecting part of the property and producing a current income of £20,000 per annum exc.
The subject is zoned in the Belfast Metropolitan Area Plan and sits within Belfast City Centre. The site is not designated for any specific use category. We advise all interested parties to conduct their own enquiries.
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the iOK Auction website (www.iokauction.com).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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