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161-169 Cromac Street, Belfast, BT2 8JE
For
Sale
File Ref: 9316
City Centre Development Opportunity
Potential to develop an iconic building
Highly prominent and suitable for a wide variety of uses (Subject to planning)
Current rating: G202
The subject comprises a rare opportunity to acquire a city centre holding with potential to develop an iconic building in a superb gateway location.
The site is highly prominent and suitable for a wide variety of uses, subject to planning.
The holding comprises three adjoining terrace buildings known as 161—169 Cromac Street. These are arranged over ground, first and second floors and benefit from rear access via Joy Street.
The opportunity will be sold with the benefit of vacant possession.
| 161-165 CROMAC ST | |
| Ground Floor | c. 160 sq m (1,1722 sq ft) |
| First Floor | c. 144 sq m (C. 1,,550 sq ft) |
| Second Floor | C. 144 sq m (C. 1,550 sq ft) |
| Total Area: | C. 448 sq m (C. 4,,822 sq ft) |
| 167 CROMAC ST | Not measured due to condition |
| 169 CROMAC ST | Not measured due to condition |
PRICE: £1,000,000
TITLE: We assume the property is held under freehold title
Site & Proposed Development
The subject holding extends to c. 403 sq m (0.1 acres).
NAV / Capital Value
161—165 Cromac Street - NAV £11,000
169 Cromac Street - NAV £1,450
Please note that all perspective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT
161-169 Cromac Street, Belfast, BT2 8JE
the subject is located at the junction with the Ormeau Road and Ormeau Avenue. The immediate area is one of Belfast’s main thoroughfares and arterial routes being only a short distance from the City Hall and the Central Business District.
Accommodation Details
| 161-165 CROMAC ST | |
| Ground Floor | c. 160 sq m (1,1722 sq ft) |
| First Floor | c. 144 sq m (C. 1,,550 sq ft) |
| Second Floor | C. 144 sq m (C. 1,550 sq ft) |
| Total Area: | C. 448 sq m (C. 4,,822 sq ft) |
| 167 CROMAC ST | Not measured due to condition |
| 169 CROMAC ST | Not measured due to condition |
Sales Details
PRICE: £1,000,000
TITLE: We assume the property is held under freehold title
Site & Proposed Development
The subject holding extends to c. 403 sq m (0.1 acres).
NAV / Capital Value
161—165 Cromac Street - NAV £11,000
169 Cromac Street - NAV £1,450
Please note that all perspective purchasers should make their own enquiries to confirm the NAV / rates payable.
VAT
All prices, outgoings etc are exclusive of, but may be subject to VAT
161-169 Cromac Street, Belfast, BT2 8JE
the subject is located at the junction with the Ormeau Road and Ormeau Avenue. The immediate area is one of Belfast’s main thoroughfares and arterial routes being only a short distance from the City Hall and the Central Business District.
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