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Marshall Buildings, 122-124 Donegall Street, Belfast

Offers in excess of £1,000,000

For Sale

122-124 Donegall Street, Belfast

WhatsApp Facebook Twitter Pinterest Linkedin Email

For Sale

Marshall Buildings, 122-124 Donegall Street, Belfast

122-124 Donegall Street, Belfast

Offers in excess of £1,000,000

Description

Property Summary

Outstanding city centre residential refurbishment opportunity, subject to planning
Ground floor retail unit and shell upper floor offices
Immediate proximity to Ulster University, Cathedral Quarter and purpose-built student accommodation blocks (PBSA)
Offers invited in excess of £1,000,000 exclusive

Location

The subject property is prominently located on Donegall Street, immediately opposite St Patrick’s Catholic Church.

The building is 100 metres from the newly enlarged Ulster University Belfast campus on Royal Avenue and in immediate proximity to the Cathedral Quarter and Castle Court Shopping Centre.

Surrounding land uses include a range of offices, retail, licensed premises, purpose-built student accommodation and surface car parks.

Description

The property in sale comprises a self-contained ground floor retail unit and a ground floor lobby with three over-riding upper floors.

The building was constructed in 1894 & is of traditional red brick under a pitched roof. The property benefits from double glazed windows throughout and has been stripped back to a shell condition on all floors. Internally the accommodation benefits from floor to ceiling heights of c. 3.0 metres, two stair cores and a lift core.

The property is suitable for a variety of uses but given the proximity to the Ulster University, we see a residential conversion subject to planning approval to provide apartment units as an attractive opportunity.