Commercial real estate news releases from Avison Young
Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.
Avison Young completes sale of Prime City Centre Retail Investment Property at 60-64 Ann St, Belfast
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”.
