DESCRIPTION

 

. Prime City Centre Site

. Approx 0.13 acres

. 150m North of Castlecourt Shopping Centre

. 500m South of The New University of Ulster Campus

. Surrounding area earmarked for major redevelopments

. Annual Income of £2000 pa from Clear Channel NI Ltd

 

The property comprises a vacant site plus a 3 1/2 storey derelict former retail/office building, of approx. 3706 sq ft of total accommodation. The property benefits from frontages to both North Street and Winetavern Street.

 

Clear Channel NI Ltd have a licence agreement for the advertising hoardings on the site, which was a 6 year term from 1st October 2008. (Now holding over).

 

TITLE

 

Freehold/long leasehold subject to a nominal ground rent.

 

PRICE

 

£350,000

 

VAT

 

Prices outgoings and rentals do not include VAT which will be chargeable.

 

VIEWING

 

By appointment with the joint agents.

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