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Lambert Smith Hampton

Lambert Smith Hampton

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Key Information

Price Offers around £800,000
Style Investment Property
EPC Rating E111
Status For sale

Location

This agent has listed the accuracy as: General Area

Additional Information

Investment Summary
Prime four storey Retail & Office building extending to c. 10,488 sq ft.
The property offers significant Asset Management, Refurbishment and Redevelopment Opportunities.
Prime location close to Ulster University and Castlecourt Shopping Centre.
We are seeking unconditional offers in the region of £800,000 (Eight Hundred Thousand Pounds) exclusive of VAT and subject to contract.

Description

This distinctive four storey Grade B1 Listed building extends to c. 10,488 sq ft with substantial frontage onto both Royal Avenue and North Street. The property is part-let to two tenants who occupy the ground floor and part of the first floor. The second and third floors are currently vacant and in need of substantial repair in order to bring them up to a lettable standard. The entrance lobby at 105 Royal Avenue has been refurbished in recent years and the property benefits from passenger lift access to all floors. The property offers significant asset management opportunities and it may be suitable for a range of alternative uses, subject to planning.

Listed Building Ref: HB26/50/068

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