Miscellaneous (13503 sq. feet) For Sale
Open to Offers POA
FOR SALE
Available as one or two separate lots
Important Town Centre Redevelopment Opportunity - Site Area c.0.31 acres (13,503 sq ft)
LOCATION & DESCRIPTION
Ripe for rebuilding or major refurbishment as retail/offices/apartments – subject to Planning Permission.
Major town of the Causeway Coast and one of the Province’s most prosperous areas with 41% of population in the ABC1 category compared to NI average of 33%.
30 minute drive time population of over 175,000 and enhanced yearly by c. 2.5 million tourists. Coleraine is a University town and with its own Regional Hospital.
The central retailing area is pedestrianised and this location forms a prime retail pitch opposite The Diamond Shopping Centre.
Retailers represented include M & S (Simply Food), Argos, Next, Waterstones, Woolworths, Boots, Top Shop etc., plus strong independent retailers to include Moores Department Store, Dixons Department Store and Bishops Shoes.
Out of town retailing at The Riverside Regional Centre includes Sainsburys, B & Q, Currys, Pets At Home and Halfords.
Two new Development Briefs have recently been awarded at The Mall (just east of Bridge Street) and Abbey Street (just south) and will provide 1400 car parking spaces and other town centre development – all of which will enhance the vibrancy of the town core.
1/3 Bridge Street (Lot One) – Gross floor area over 4 levels plus access to Queen Street – Site Area c. 0.09 Acre or 3,920 sq ft.
7/9 Bridge Street (Lot Two) – Gross floor area over 4 levels plus yard/outbuildings – Site Area c. 0.22 Acre or 9,583 sq ft.
The site has the benefit of an Intoxicating Liquor Licence (Full In/Off).
SALE DETAILS
All Offers Invited
Solicitors having carriage of sale: Campbell & Co, 84 Castle Street, ballycastle, BT54 6AR
NAV - Current NAV of The Queens Arms is £13,000. No 1/3 Bridge Street has not been assessed
VIEWING - STRICTLY THROUGH AGENTS - Contact Tony O'Connor (tony.o'connor@okt.co.uk) on 02870344244
O'Connor Kennedy Turtle (Coleraine)
