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Avison Young completes sale of Prime City Centre Retail Investment Property at 60-64 Ann St, Belfast
May 3, 2023
The highly prominent 3 storey corner building located on the corner of Ann Street and Church Lane within Belfast’s prime shopping region, directly adjacent to the Victoria Square shopping centre, has been sold to a private investor for an undisclosed sum. The building benefitted from being fully let to 2 local tenants generating a rent roll of £75,000 pax.
Liam McAuley, Associate Director, Avison Young in Northern Ireland said, “A pleasure to be involved in the sale of this prominent city centre building providing a secure rental income with future redevelopment potential. It’s a prime pitch in terms of the city’s retail streets and so I’ve no doubt it will be a smart investment for years to come for the purchaser”.