O'Connor, Kennedy, Turtle

Lands at Glen Road / Monagh Road Belfast, County Antrim, BT11 8BX

Ref: 7964 for sale
Key Features
  • Mixed Use Development Opportunity, extending to c. 73 acres, with benefit of a detailed outline planning consent.

price on application

Mixed use development opportunity, extending to c. 73 acres, with benefit of a detailed outline planning consent

The subject property is located within the western segment of the city adjoining an area predominated by social housing yet convenient to major schools and retail facilities. There is a significant shortage and substantial demand for private, social and affordable housing in this area of Belfast.

Extensive frontage is enjoyed onto Monagh Bypass and Upper Springfield Road, with additional access from the Glen Road.

The lands benefit from a detailed outline planning consent for mixed use development including 450 residential units, 17,222 sq ft of retail space, support / care homes, employment and educational uses.

The subject extends to c. 73 acres (29.5 ha).

Accommodation

Glenmona comprises a substantial block of largely undeveloped land, being the former St Patrick’s College complex, and currently hosting four care homes, an administration building operated by the Belfast Health Trust and four private dwellings, all of which are situated within a landscaped suburban block of land.

The site enjoys a strategic location on the western fringe of the city, being within the Limit of Development and the largest undeveloped block of land therein.

The lands enjoy a gentle incline rising from the Glen Road towards Upper Springfield Road resulting in much of the site having panoramic views over the city of Belfast and beyond to open countryside including the Mountains of Mourne.

A BREAKDOWN OF THE EXISTING ASSET OVERVIEW AND THE PROPOSED DEVELOPMENT CAN BE FOUND IN THE ATTACHED BROCHURE.

Site & Proposed Development

The site extends to c. 73 acres (29.5 ha).

Details of the proposed development can be found within the attached brochure.

Planning

The property lies within the Development Limit of Greater Belfast as laid down under the Belfast Metropolitan Area Plan (BMAP) 2015.

The lands currently enjoy the benefit of an indicative outline planning permission for development (Ref: Z/2010/1284/O), same having been granted on 7 November 2013 and expiring 6 November 2025.

The scheme approved was a mixed use development including residential, care homes, business uses, light industry, retail, hotel, educational and open space / recreation provision; and included a Master Plan known as Glenmona Concept Master Plan.

Full details of the consent and Master Plans being available on planning online (Ref: Z/2010/1284/O).

Sales Details

PRICE – On application.

All proposals in respect of the property must be submitted in written form with proof of funds and with confirmation as to satisfaction with title, contract and timescales to OKT.

It is anticipated that the closing date for submission of offers will be on Wednesday 19th September 2018 and should be submitted to O’Connor Kennedy Turtle.

VAT

All prices, outgoings etc are exclusive of, but may be subject to VAT.

Solicitor

All enquiries in relation to the title should be referred to:

Denis McKay
Napier & Sons Solicitors
1–9 Castle Arcade
Belfast BT1 5DF
Tel: 028 9024 4602

DATA ROOM: Extensive information in respect of planning, legal title and contract details are available within a dedicated data room, access to same being available on request.


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