Belfast, BT5 4BG
| Property Type | Investment |
| Tenure | For Sale |
| Size | 0.70 Acres |
| Price | £3,500,000 |
| Energy Performance Rating | Upon enquiry |
Belfast, the capital of Northern Ireland is the 12th largest city in the United Kingdom and the 2nd largest on the island of Ireland. The city is located approximately 165 km (103 miles) north of Dublin and 120 km (75 miles) southeast of Derry-Londonderry. Belfast has an excellent communication network. The M2 motorway provides access to the north towards Antrim and Londonderry/Derry and the M1 motorway provides access to the south and west of the Province towards Lisburn and Dublin.
The city benefits from four railway stations, and the Belfast to Dublin train route has a journey time of approximately 1 hour 50 minutes. The two airports, Belfast City and Belfast International, provide access to all major UK and a large number of destinations across mainland Europe. The wider Belfast Metropolitan Area has a population extending to approx. 650,000.
As the largest commercial centre in Northern Ireland, Belfast has developed into one of Ireland’s premier business cities and has the largest employed population in the region. Belfast in the last few years has been extremely successful in attracting Foreign Direct Investment driven primarily by a highly skilled and educated employment base, competitive operating costs, and advanced telecoms infrastructure.
The subject comprises of a cleared site that has been granted full planning permission under reference LA04/2018/2649/F for the construction of 178 apartments, a fitness suite, 3 retail units and associated parking.
Further to this a PAN application (LA04/2022/2088/PAN) has been deemed acceptable which regards the demolition of the existing buildings and construction of 260 no. apartments, a gym, 3 retail units and associated car parking and landscaping. The apartments comprise a mix of 1 bed, 2 bed and 3 bed apartments situated across 2 apartment blocks extending to 11 no. storeys and 18 no. storeys.
A PAN application (LA04/2024/0585/PAN) has been deemed acceptable for the demolition of existing buildings and construction of 278no. apartments, gym and 3no. retail units (further to application LA04/2018/2649/F) with associated car parking and landscaping., with roof gardens located on the 11th and 16th floors. The apartments comprise of a mix of 1 bed, 2 bed and 3 bed units situated across two connected blocks extending to 11 no. storeys and 18 no. storeys. The gym and three retail units will be located on the ground floor while the car parking will extend over the ground and first floor.
