£700,000 sought for Laganside site

Agents Brown McCormack Clark are reporting keen interest in a 0

Agents Brown McCormack Clark are reporting keen interest in a 0.284-acre site within the Laganside area, close to the successful Clarendon Dock office development site. Offers close to the asking price of £700,000 sterling have been received for the site, which is beside the popular Rotterdam Bar, at Prince's Dock Street and Pilot Street, The site is adjacent to new office developments, including the Prudential call centre, Grant Thornton, the Northern Ireland Examination Council and an apartment development by Morrison Homes.

The same agents have also achieved a "robust" price for a part-occupied retail, office and warehouse building, in need of refurbishment, in Belfast's North Street. The asking price had been £475,000. Curley House, at 166-174 North Street, is convenient to the City Centre and to the Westlink Motorway. It consists of a 2,500 sq ft building with retail and office space fronting on to North Street and 3,500 sq ft of warehousing and office space at the rear with access to Laws Court. There are three ground-floor retail units on North Street.

The rental income at present is £15,780, with the bulk of it coming from a timber renovation company operating from Laws Court. Siobhan Convey, of Brown McCormack Clark, says the property has considerable scope for development and rental growth.