Potential Residential Development Opportunity
(To include former Church Building, which may be suitable for conversion to offices, consultancy or institutional use)
The property is located on Annadale Avenue, a popular suburban setting within South Belfast, having an extensive range of high quality private housing and a number of institutional and commercial properties.
Leading from the Ormeau Road, Annadale Avenue conects to the Stranmillis area of the city via its tree line streetscape.
The property is currently utilised as a place of worship and administrative offices within a single storey building, complimented by car parking and landscaped grounds.
The site has gated access from Annadale Avenue and is currently securely fenced.
Adjoining properties include an office building, luxury apartments and a development site for luxury housing.
The Church building is Grade B2 Listed, having been erected in 1969 and to the rear provides modern office space fitted with suspended ceilings and recessed strip lighting, storage rooms, kitchen and WC facilities.
The holding occupies a large site extending to c. 1.1 acres with mature trees and is accessed via a driveway from Annadale Avenue.
TOTAL - c. 355 sq m(3,832 sq ft)
See brochure for further details.
Site & Proposed Development
The site extends to c. 1.1 acres (0.45 ha).
Listed Status - Grade B2 Listing (HB Ref No. HB26/01/081)
The subject is zoned as 'white land' within the local Area Plan and within the Settlement Development Limit.
Sales Details
PRICE: Offers in the region of £850,000.
TITLE:Assumed to be held by way of freehold or long term leasehold title.
NAV / Capital Value
The NAV for the subject property is £13,000. The commercial rate in the pound for 2019 / 2020 is £0.614135. Please note that all perspective purchasers should make their own enquiries to confirm the NAV / rates payable.
All prices, outgoings etc are exclusive of, but may be subject to VAT.