87-91 Botanic Ave - Storefront Retail/Residential FOR SALE


Belfast, CAT BT7 1JN
$1,500,000 USD
87-91 Botanic Ave, Belfast, CAT for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

87-91 Botanic Ave
Belfast, CAT BT7 1JN


HIGHLIGHTS

  • Great location
  • Public transport access
  • Prominent corner position

OVERVIEW

The buildings were previously used as a Guest House and the planning history indicates that permission was previously granted for part demolition of the properties and erection of 2 shop units and 15 apartments (Z/2007/0714/F). This planning consent was granted 5th August 2008 and has since expired. There was a further approval for 2 No retail units and 23 self-catering studio/apartments (Z/2008/2071/F). This planning consent was granted 20th May 2009 and has since expired. Planning permission (LA04/2016/0737/F) was granted 2nd October 2019 for “Partial demolition, alteration and rear extension of existing building including change of use from guesthouse to 2no café / retail units on ground floor and 14 apartments above”. A copy of permission and drawings can be provided upon request to the agent. A CLEUD application is currently being processed. Subject to any necessary planning consent the property may be suitable for alternative or amended planning permissions. Perspective purchasers should satisfy themselves regards current planning consent.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Liam McAuleyBeacon NI Property LtdMore Info

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Liam McAuleyBeacon NI Property LtdMore Info

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